Corrective pullback off Friday's pre....>

EURO-DOLLAR: Corrective pullback off Friday's pre NFP high of $1.1384 extended

to $1.1268 into Monday's NY session, though for the most part the rate was

confined through yesterday's trading day between $1.1280/1.1320. This

consolidation continued through Asia as rate was held within a tighter

$1.1284/1.1315 range, currently around $1.1295 into Europe. Asian traders noted

that rate touched the $1.1315 high early on but retreated on the back of EUR/JPY

sales, with JPY generally strengthening since Monday's NY session. Germany Trade

data due at 0700BST and will be watched for COVID effects, forecast E11.6bln;

Exports -15.6%mm, Imports -16.0%mm. France Business Sentiment at 0730BST, Trade

and Current Accouint data at 0745BST. EZ final Q1 GDP, Employment at 1000BST.

ECB Rehn(dovish) speaks at 0900BST.

- Support $1.1280, $1.1250. Resistance $1.1315/20, $1.1350.