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Rate breaks through the earlier highs...>

EURO-DOLLAR
EURO-DOLLAR: Rate breaks through the earlier highs to make a fresh approach
toward the $1.18 mark with little catalyst. Spot remains capped by the 38.2%
retracement level for the $1.1724-1.1815 (yesterday's range), sitting at
$1.1780. A break above here would open up a move toward the handle and the
week's high of $1.1815.
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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