Eur/usd - 1.4723 ... The single currency retreated after intra-day rise fm 1.4685 to 1.4754 on renewed cross selling in euro (esp. vs jpy). German Ifo index for Sept is due at 08:00GMT n economists' forecast to be 92.00 versus 90.5 in previous month. Selling interest fm various accounts is seen at 1.4730-1.4750 with mixture of offers n stops located at 1.4780 n around 1.4800. On the downside, stops below 1.4700 n 1.4685 are in focus with demand fm sovereign accounts only seen further out at 1.4640/50 n 1.4610/20.
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