EUR/USD last $1.1329, 12 pips higher....>

EURO-DOLLAR: EUR/USD last $1.1329, 12 pips higher on the day, and a handful of

pips off of session highs. 

- The rate slipped nearly 40 pips yesterday, despite posting gains in

Asia-Pac/early London trade, as EUR struggled alongside French, Irish and

Italian bond markets on the back of French President Macron's new spending

promises following domestic protests, Ireland's exposure to Brexit, and Italy's

revitalised combative stance against Brussels re: their budget plans. 

- Bulls target the 50-DMA at $1.1404 and a break above would shift their focus

to the upper Bollinger band (2%) at $1.1437. On the downside, bears look to

yesterday's low at $1.1306 before challenging the lower Bollinger band (2%) at

$1.1279. 

- ECB MonPol decision due Thursday headlines the docket for the remainder of the

week, while key economic releases include EZ & German mfg flash PMIs due Friday,

with a slew of ECB speakers due Friday.