EUR/USD dipped back under $1.1700 on....>

EURO-DOLLAR: EUR/USD dipped back under $1.1700 on Tuesday, traded back to

$1.1673 in NY before it settled around $1.1685 through to the close. Rate edged

to $1.1698 in early Asia, helped by USD/JPY sales at the Tokyo fix, but move ran

into headwind sales ahead of $1.1700. Traders have noted that the $1.1700 level

holds the strike of expiring options through to Friday, today E927mn, Thursday

E1.03bn and Friday E1.4bn and have suggested some of the sell interest linked to

this interest. $1.1750 also holds expiries totalling E2.2bn split between today

and Friday. A break above $1.1700 to expose Tuesday high of $1.1717 ahead the

Jul23 NY high of $1.1728. Support seen from $1.1670 through to $1.1655.   

- Focus falls on EU's Juncker visit to Washington to discuss trade with U.S.

Trump. In a tweet Trump stated that "the EU is coming to Washington tomorrow to

negotiate a deal on Trade. I have an idea for them. Both the U.S. and the E.U.

drop all Tariffs, Barriers and Subsidies! That would finally be called Free

Market and Fair Trade! Hope they do it, we are ready - but they won't!" Germany

Ifo and EZ M3 provide data focus.

- The ECB MonPol decision, due Thursday, also remains front and centre.