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The pair grinds higher as German........>

EURO-DOLLAR
EURO-DOLLAR: The pair grinds higher as German Saxony and Spanish CPI figures are
absorbs but price action is capped at yesterday's highs of $1.1959. Further
resistance remains above at $1.1961/65 which marks the Nov27 high and the 76.4%
retracement level of the $1.2092-$1.1554 move. German preliminary harmonised CPI
is due up next at 1300GMT. 
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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