Free Trial

Selling Pressure in the Single Currency

EURO

Selling pressure going through in EUR in recent trade, pressing EUR to new lows against CHF, USD, GBP around 30 mins out from the WMR fix.

No headlines crossing to prompt the move, but seeing a decent volume surge in EUR futs in recent trade - around 3000 contracts sold on the way lower for highest volumes of the session so far

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@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.