Sliding to fresh lows for the day as fixing supply continues to weigh
on the euro, with light bids in the stg0.8080 area now eroded. Traders
reporting additional demand in the stg0.8030 area, though again this is
not said to be substantial. Techs analysts say the positive bias is retained
while the cross holds above the daily moving averages, with the 5-day
coming in back down at stg0.7989 today.