EUR/USD popped higher late on Monday....>

EURO-DOLLAR: EUR/USD popped higher late on Monday as Germany's CDU & CSU parties

came to an agreement re: migrants, peaking at $1.1648, last $1.1630, with

broader USD strength weighing on the cross overnight.

- The SPD Party has said that it is going to examine the CDU-CSU agreement, but

initially welcomed the "truce."

- Initial support is located at $1.1575 (Hourly resistance June 29 now support)

while resistance is seen at $1.1697 (Hourly resistance July 2).

- EZ PPI & retail sales will hit on Tuesday, with ECB's Praet also set to speak.

- Nearby notable option expiry interest at today's 10AM NY cut comes in the form

of: $1.1500(E1.4bn), $1.1550-55(E998mn), $1.1690-1.1700(E1.76bn),

$1.1725-30(E1.69bn).