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Release Friday of stronger than.........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Release Friday of stronger than forecast US NFP data, along with
strong UofM data, provided a boost for the USD which pressed EUR/USD to a low of
$1.1040(off an earlier high of $1.1110) before it closed the week around
$1.1060. Trade in Asia consolidated between $1.1051/61, early Europe slightly
extending the topside to $1.1064. Release of Germany data at 0700GMT prompted
little reaction. A fairly slow start to what could be an interesting week for
the EUR, main focus on the FOMC Wednesday, ECB Thursday under the new guidance
of Lagarde/TLTRO3. 
- France BdF Business Confidence at 0730GMT, EU Sentix at 0930GMT.
- Support $1.1050, $1.1040, $1.1010/00. Resistance $1.1067(38.2%
$1.1110-1.1040), $1.1075-83(61.8%-76.4%), $1.1100-10.  
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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