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Rally extended on to $1.2070 before.....>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Rally extended on to $1.2070 before faltering with rate currently
trading back at $1.2060. Eur crosses remain buoyant, especially Eur/Gbp as it
holds just below its high of Gbp0.93005. Resistance $1.2070 ahead of $1.2080 and
$1.2095/1.2100. Expect some support at broken barrier level at $1.2050. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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