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Rate edges slightly higher but fails....>

EURO-DOLLAR
EURO-DOLLAR: Rate edges slightly higher but fails to make any attempt at new
highs on the mixed IFO report. While expectations missed survey, current
assessment posted a minor beat, leaving little dent on the currency. Rate
remains gravitated toward a slew of option expiries to the upside, with $1.95bln
due to roll off at today's cut between $1.1390-00.
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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