EUR/USD managed to extend its...........>

EURO-DOLLAR: EUR/USD managed to extend its recovery off Friday's(Mar22) low of

$1.1273 to $1.1331 Monday before it settled between $1.1310/15 into the close.

Rate consolidated this recovery between $1.1305-22 in Asia, trading around

$1.1310 into Europe. Little interest seen in the pair, Asian traders suggesting

$1.1270-1.1330 range likely to contain in the short term. Outside of this area

further resistance noted at $1.1340 ahead of $1.1350/60 and $1.1380. Support

$1.1250. The $1.1300-05 area holds the strikes of E864mln that roll of at

today's NY cut and may act to keep rate anchored close by.

- Little reaction to release of Germany Gfk 10.4 vs 10.7 last.   

- U.S. housing starts, building permits and consumer confidence as well as

French Q4 GDP (f) take focus today. Elsewhere, Fed's Harker, Evans and Daly and

ECB's Makuch will speak.

- Mar26 ECB President Mario Draghi Speaks in Frankfurt(0800GMT) along with ECB

Chief Economist Praet(0845 GMT), ECB Vice President de Guindos(10:45GMT), ECB

Executive Board member Mersch(1330 GMT).