Free Trial

USD strength, seen through Asia,........>

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: USD strength, seen through Asia, picks up momentum in early Europe
to press EUR/USD to a fresh intraday low of $1.1666(Asia range $1.1675-1.1702).
Traders aware that the $1.1665 level holds the strike of an expiring option at
today's NY cut, E1.03bn, which may be attracting but seen meeting demand
interest ahead. Below here next support seen close by at $1.1663(50%
$1.1575-1.1750) with the 61.8% level at $1.1642. 
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.