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Rate cleanly falls through the $1.12....>

EURO-DOLLAR
EURO-DOLLAR: Rate cleanly falls through the $1.12 handle as the USD index
extends its modest recovery off the multi-month lows printed at end-December.
The 100-hma at $1.1186 is the next level of support below, with the 200-dma
likely proving more influential at $1.1142. Sizeable option expiries rolling off
at today's cut lie closer to the $1.11 handle.
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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