Spain 3-Month Letras Auction fell from previous 1.929% to 1.909%

Spain 3-Month Letras Auction fell from previous 1.929% to 1.909%
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EUR/USD: Unlikely to be able to break clearly above 1.1790 – UOB Group

Slight increase in momentum could lead to Euro (EUR) edging higher, but it is unlikely to be able to break clearly above 1.1790. In the longer run, EUR could rise but any advance is likely part of a higher range of 1.1650/1.1790, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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