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Recovery off Asia lows of $1.1825.......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Recovery off Asia lows of $1.1825 ($1.1827 NY low) aided as market
reacted to a Reuters source story suggesting ECB policy makers are honing in on
a stimulus extension at lower volumes. Tapering in itself not new news but
duration, views converging on a 9-mth extension, was the interest. Rate managed
to edge up to $1.1852 in early Europe but has since drifted back off to $1.1840.
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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