EUR/USD last $1.1408, sticking to a.....>

EURO-DOLLAR: EUR/USD last $1.1408, sticking to a 15 pip range in early Asia-Pac

dealing, after climbing nearly 90 pips Friday on the back of broader USD

weakness caused by comments from Fed's Clarida & Harker re: further rate

hikes/outlook for the U.S. economy. 

- EUR was one of the G10's best performers Friday as it failed to react to the

Brexit chaos which dragged down sterling, or to the release of EZ CPI (in line

with the exp.). 

- EUR/USD bulls need a clear break above $1.1420, where the rate peaked on

Friday, before targeting the 76.4% fibo retracement of a move from $1.1500 to

$1.1216 at $1.1433. Meanwhile, bears eye the 21-DMA at $1.1374, as a move

through would open up Friday's low at $1.1322. 

- EZ points of note this week include the release of EZ consumer confidence on

Thursday, as well as flash PMIs & final German GDP reading on Friday. Elsewhere,

there is plenty of ECB rhetoric scheduled for this week.