EUR/USD last trades at $1.1371 (its.....>

EURO-DOLLAR: EUR/USD last trades at $1.1371 (its 100-HMA), unchanged on the day,

after closing almost unchanged yesterday. The rate climbed to intraday highs in

the European morning, but pared gains, as USD strength crept in, stemming from

stronger than exp. U.S. GDP & Chicago PMI prints.

- Worth noting headline German EU-harmonised Y/Y CPI came in unch. at +1.7%,

meeting exp., but the headline figure slightly topped forecasts, printing at

+1.6%, allowing EUR to post an uptick before dollar strength filtered through.

- Bulls focus on the down trendline from Sep 24 at $1.1386 and a break above

would allow them to attempt a move at $1.1389, which represents the 50-DMA.

Conversely, bears look for a fall through the broken up trendline from Jan 3

2017 at $1.1358, which would bring the 21-DMA, situated a further 10 pips below,

into play.

- EZ focus today turns to EZ CPI & unemployment, as well as m'fing PMI data from

across the EZ.