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Rate takes a minor move higher..........>

EURO-DOLLAR
EURO-DOLLAR: Rate takes a minor move higher crossing the 1100GMT fix, with
volumes picking up headed into the NY crossover. The Monday/Tuesday highs at
$1.1145-47 could provide some resistance from here and a break north would open
$1.1162, the 50% retracement of the Dec31 - Jan10 decline.
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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