EUR/USD last seen at $1.1224, a touch...>

EURO-DOLLAR: EUR/USD last seen at $1.1224, a touch higher on the day, after

finishing almost unch. on Friday.

- Bulls look to the broken down trendline from Mar 4 2009 at $1.1259; a slide

through Friday's low of $1.1210 would open up the 1.0% 10-DMA env at $1.1180.

- Worth mentioning the CNBC reported that "Kellogg is nearing a deal to sell its

Keebler, Famous Amos and fruit snacks businesses to Nutella-owner Ferrero for

$1.0bn-$1.5bn," with the sale due to be announced on Monday.

- ECB' Knot spoke over the weekend, noting that the ECB "would need a clear

monetary-policy reason to consider acting to mitigate the effects of negative

interest rates on banks." Knot also moderated his stance re: tiering, after last

week saw him suggest that the Bank should stay "well away" from that solution.

- EZ focus this week turns to EZ unemployment & CPI figures, as well as m'fing

PMI data from across the EZ due later today, while services & composite gauges

will follow on Weds. German ind. output hiits on Fri. ECB Vice Pres de Guindos

will speak today, with Praet and de Cos due to appear on Tues and Weds

respectively, before the ECB publishes its Mar MonPol meeting minutes on Thurs.