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Rate rallied to a high of $1.1849.......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Rate rallied to a high of $1.1849 Tuesday before it settled around
$1.1840 into the close. Asia consolidated between $1.1835-47. Rate retested
Tuesday's high of $1.1849 in early Europe then stepped its way down to $1.1833.
Support seen into $1.1830, a break to open a deeper pullback toward $1.1805/00. 
* Data: Germany PPI (0700GMT); EZ Current Account (0900GMT); Belgium Business
Climate(1400GMT)
* Options: Expiries of note, $1.1770(E477mn), $1.1798-00(E1.34bn),
$1.1820-25(E364mn), $1.1900(E323mn) 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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