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Rate accelerates losses on the break....>

EURO-DOLLAR
EURO-DOLLAR: Rate accelerates losses on the break below the $1.12 mark, touching
lows at $1.1192. The move coincides with the German 10yr yield falling back into
negative territory as markets continue to eye this morning's disappointing
German IFO number. Rate now trades in close proximity to option expiries rolling
off at the $1.12 handle today, with E630mln of put option expiries due to roll
off within the hour.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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