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EUR/USD last trades at $1.1342 after....>

EURO-DOLLAR
EURO-DOLLAR: EUR/USD last trades at $1.1342 after dropping 76 pips Friday as
poor EZ economic releases played out, with participants concerned with U.S. auto
tariffs ahead of the weekend's G20 meeting. 
- The pair jumped 50 pips or so at the start of the early indicative trade this
week and last deals 22 pips higher on the day. EUR might have garnered some
strength after markets absorbed comments from Italy's FinMin Tria, who signalled
readiness to find a solution with the EU re: budget matters, with Italian PM
Conte also seeming a little more open to dialogue over the weekend. 
- Bulls eye Friday's high at the psychological $1.1400 level, just above the
downside trendline at $1.1399. A break above would turn the outlook more
positive and shift bullish focus to the Nov 23 high at $1.1421. Meanwhile, bears
need a fall through Friday's low of $1.1311 before challenging the $1.1300
level. 
- EZ highlights this week include EZ GDP & German industrial output due Friday,
while ECB's de Guindos is due to speak on Thursday. Final EZ M'fing PMI
dominates today, with the services and composite equivalents due Wednesday.

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