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EUR/USD sits at $1.1456 after closing...>

EURO-DOLLAR
EURO-DOLLAR: EUR/USD sits at $1.1456 after closing just 8 pips higher Friday,
following a number of data releases from the EZ & the U.S. U.S. nonfarm
payrolls, ISM m'fing & U. of Mich sentiment (f) topped expectations, EZ posted a
stronger than exp. core CPI print, although German m'fing PMI was revised lower,
while Italy's m'fing PMI missed exp.
- Bulls look to Friday's high of $1.1488 before attempting a move at the
psychological $1.1500 level, while bears need a break below the 100-DMA/Friday's
low at $1.1438/35 before challenging the 21-DMA at $1.1427. 
- EZ focus this week falls on Italian CPI due later today, final EZ services &
composite PMI due Tuesday & German industrial output due Thursday. Elsewhere,
ECB's Mersch & Costa speak later today, while Mersch will speak again on
Thursday. Also worth noting Thursday will see the publication of ECB's econ
bulletin & the EU Commission's econ forecasts.

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