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*** Spiked to $1.1957 as markets........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: *** Spiked to $1.1957 as markets react to a Reuters headline saying
'ECB says Monetary Policy Decisions to be issued after 1345CET'. ECB monetary
policy decisions are usually announced after this time, though there is a chance
something could be announced at the usual rate announcement at 1345CET which has
excited markets. Rate currently eases off to $1.1952. Resistance now seen
between $1.1975/85 ($1.1980 Sep1 initial NFP react high). 
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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