(correct) USD came under general sell...>

EURO-DOLLAR: (correct) USD came under general sell pressure in reaction to the

dovish FOMC Wednesday, the rate able to clear above recent resistance into

$1.1367 and break $1.1400, trading on to an eventual high of $1.1448 before

react momentum faded.

EUR-USD eased off to $1.1410 ahead of the close. Fresh pressure on the USD

emerged in Asia (market thinned by today's Tokyo holiday) which edged rate back

to $1.1437, helped in part by AUD and NZD data react gains vs the USD. As

momentum  faded so rate eased off to $1.1420 area ahead of Europe. FOMC dovish

announcement expected to keep the USD on the back foot for the time being.

- Resistance into $1.1450, $1.1480, stronger into $1.1500. Support $1.1410/00,

$1.1385/80.

- Option expiries of note for today's NY cut, $1.1360-75(E1.69bn),

$1.1400(E2.8bn), $1.1415-30(E2.96bn).

- ECB Economic Bulletin at 0900GMT. US Phila Fed, Weekly Jobless Claims at

1230GMT. EZ Consumer Confidence due at 1500GMT.