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Ex-Fed Officials On The Future Path Of Rates


Norway and EU to Step Up Gas Commitments


Yields plummet on PMIs miss


5Y Call Sale, Unwind

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EURO-DOLLAR: Rate hits new recovery highs up at $1.0898, stopping just short of
the $1.09 handle. The single currency is also picking up well against GBP, with
some of the strength being attributed to comments from ECB's Holzmann, who
stated there were heated discussions over the inflation target last week.
- Next resistance in EUR/USD kicks in at the 1.0926 mark, the Feb12 high and
noted key resistance.
- Option interest top and tails the current spot price, with E1.1bln rolling off
at $1.0820 and E1.2bln at $1.0915-25.
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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