Free Trial

Speaking to one trader he suggests......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Speaking to one trader he suggests the timing of the move lower
doesn't correspond to the Apple news, suggests rather that move lower looked to
be linked to fix interest, noting the break below $1.1180 taking rate to $1.1168
before it recovered sharply into the fix back to $1.1215. The Covid cases in
Florida and Arizona kept the bearish pressure on post fix, along with the Apple
shop closures. Rate back above $1.1180 at writing. 
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.