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Consolidated overnight gains into Europe...>

EURO-YEN
EURO-YEN: Consolidated overnight gains into Europe and managed to squeeze out a
fresh high of Y132.60. The rate holds firm with next resistance seen at
Y132.71/73 (55-dma & 38.2% Y133.76-132.06, Dec15 high). Last Y132.58.
* The European calendar gets underway at At 0900GMT, ECB Governing Council
member Erkki Liikanen will hold his year end press conference.
* The main euro area data follows at 1000GMT, with the publication of the final
November HICP data, which is expected to be unchanged on the flash reading.

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