Free Trial

Sees further upside momentum

EUR
  • EUR takes another leg higher on the latest EU Power emergency headline.
  • As per Bloomberg: "The European Union is planning urgent steps to push down soaring power prices, Commission President Ursula von der Leyen said on Monday. ".
  • EUR still leads against the Yen, up 1.18%.
  • Next resistance in EURJPY comes at 139.21 Trendline resistance drawn from the Jun 28 high.
  • EURGBP is still of next resistance seen at 0.8570 High Jul 22.

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.