
Nudging back toward reported resistance level at $1.9550, after rate was dragged lower during the early part of the morning by euro-dollar's strong sell off to a low of $1.9511. Euro-sterling holds around stg0.7900 after rate was bought off lows of stg0.7885 by a European sovereign. Above $1.9550 and rate can edge on toward $1.9570/80.