Considering month-end models had........>

EURO-DOLLAR: Considering month-end models had suggested strong USD sales to be

seen into the 1600GMT fix EUR/USD was seen under pressure with a mix of

suggested SOMA $11.7bn operational flow then added to by reported comments from

ECB Weidmann. Weidmann noted that "uncertainty about further economic

development is high, and for Germany the downside risks prevail." However,

Weidmann insisted that he saw little prospect of either a "longer phase of

declining economic activity" or "a sudden slump." Weidmann also said that "the

process of ECB policy normalisation is likely to take several years." Having

seen an extended FOMC react high of $1.1514 earlier in the day the rate was

pressed down to $1.1436 before it settled above $1.1440 into the close. Mild

recovery continued in early Asia to $1.1450 before rate stepped its way back to

$1.1435 through the balance of the session. Support suggested between

$1.1435/30, a break to expose $1.1400. Resistance $1.1450, $1.1495-1.1515

- EZ focus today falls on Mfg PMIs from across the eurozone, as well as EZ flash

CPI(median 1.4%, core 1.0%)

- US NFP/Earnings the main focus of the day(market median NFP 165k/AHE 0.3%).