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*** Traders note that the move..........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: *** Traders note that the move through $1.1710/20 post FOMC saw
stops triggered, the demand took the rate to $1.1740 in NY with an extended move
to $1.1777 seen in Asia. A break back below the $1.1720/10 area (Asia low
$1.1721) expected to expose some of the weaker stops, which if triggered could
see us dip back toward the $1.1680 area. 
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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