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Pokes its head above $1.1800, as rate...>

MNI (London)
EURO-DOLLAR: Pokes its head above $1.1800, as rate extends recovery off earlier
Asian low of $1.1741. Rate trades to $1.1804 and holds firm, currently around
$1.1802. Resistance seen to $1.1810, a break to expose Monday's highs of
$1.1814/21(NY high/Jun11 high). EUR seen strong across the board, BTP/Bund
spread tightening seen driving. 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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