18.10.2000, 08:33:00
chart:EUR/USD-The immediate focus for today will be on the topside targeting 0.8583 and a break will then trigger a short squeeze to key resistance at 0.8660. An initial test of the latter is expected to provoke a pullback but note a successful assault would suggest the recovery off the 0.8459 low is more than a simple correction and act as a catalyst for an extension to 0.8725 en route to 0.8760.

18.10.2000, 08:16:00
eur/usd found a base and trades higher at 0.8570 talk of stop losses above 0.8580...in usd/chf some talk of stop losses under 1.7620 level..

18.10.2000, 08:13:00
BMW has confirmed talks taht its selling away 2 UK plants at end of the year worth dem 1 bln with rumoured loss of 3600 jobs


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