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Remains under pressure in early.........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Remains under pressure in early Europe, the rate pressing down to
$1.1076 to retest Monday's low. Break here to open a move toward Friday's low of
$1.1066. Asian traders earlier suggested option linked demand in place at and
below $1.1070 (possibly linked to this expiry - Aug22 $1.1040-60 E2.06bln). The
lower 1.0% 10-dma envelope currently comes in at $1.1034.
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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