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Rate edges lower in recent trade,.......>

EURO-DOLLAR
EURO-DOLLAR: Rate edges lower in recent trade, with EUR/GBP following suit, as
volumes begins to pick up somewhat at the US crossover. Rate may find some
support on an approach into the overnight low at $1.1352 and any fall through
there will open the Dec18 NY low at $1.1350. By far the largest option rolling
off at today's cut sits at the $1.14 handle, with $1.87bln due to roll off at
that mark. US data provides the event risk, with weekly jobless claims due at
1330GMT.
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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