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As Recovery efforts hold shallow,..........>

EURO-YEN
EURO-YEN: As Recovery efforts hold shallow, Eur-Yen sits near the base of its
Y131.52-98 European morning range. The Nov8 low provides initial support at
Y131.40, a break targets a move toward Y131.03/90 (50% Y127.56-134.50, 1.618%
swing Y131.75-133.12). Reminder at the top of the hour ECB Executive Board
member Benoit Coeure is to participate in a panel discussion at the 10th edition
of Journees de l'economie (Jeco), in Lyon, France. Rate last Y131.61.

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