Free Trial

Under pressure again as rate drops......>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Under pressure again as rate drops back from its brief recovery
high of $1.1465, moving through its initial low of $1.1438(following the break
of $1.1500), to $1.1432. Rate currently trades back at $1.1442, this recovery
aided by EUR demand via crosses. Next technical support seen down at $1.1412(Eq.
move $1.1746-1.1530 off $1.1628). 
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.