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Rate plumbs fresh lows on the session...>

EURO-DOLLAR
EURO-DOLLAR: Rate plumbs fresh lows on the session and makes a beeline for the
Friday lows at $1.0905 as first support. No headlines to drive the modest
weakness in the single currency, but markets aren't helping with peripheral 10yr
spreads widening against Germany as core equity markets deteriorate.
-A break below $1.0905 seen opening the 3% Lower Bollinger Band at $1.0875 and
the 76.4% Fib of the Jan 2017 - Feb 2018 rally at $1.0862.
-German prelim CPI data at 1300BST/0800ET takes focus from here.
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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