The pair opened in Asia near $1.3060 and then spent most of the early part of the day stuck between a $1.3060 and $1.3075. There was a mild lift to around $1.3070 seen as aussie-dollar rose, and euro-dollar extended that high to $1.3076 in the late morning before settling back around $1.3070. Dealers said sell orders at $1.3080 were sufficient to limit euro-dollar’s rise, which was capped ahead of buy-stops rumored to be at $1.3090. Euro-dollar was last traded at $1.3072 compared with a US close of $1.3062 last night.
