The pair started in Asia this morning at $1.3365 and traded a high of $1.3368 soon after the open before it then turned lower in early dealings. Euro-dollar sank to $1.3360 in the opening hours but the losses were contained there with a recovery then seen to $1.3365, in line with euro-yen’s bounce. Euro-dollar eased again in mid-morning trades, this time hitting a low of $1.3359 but bounced again as the cross also recovered, to last trade at $1.3366 in the early afternoon. Euro-dollar traded a $1.3408 high last night during US hours, with offers now seen clustered around that level, from $1.3400. Interimsupport meanwhile noted at $1.3350, with strong bids spotted lower at $1.3335/30.
