Free Trial

Recovery off early Europe dip to........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Recovery off early Europe dip to $1.1810 extends to $1.1830 where
it stalls, but rate holds most of the current recovery gains. Traders note that
Eur/Usd closed above its 200-week MA on Friday ($1.1780, this week $1.1771)
which could keep rate buoyed and open potential for further gains. Resistance
noted from $1.1840 through to $1.1850. Rate trades around $1.1825 at posting. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.