EUR/USD slippage eventually met.........>

EURO-DOLLAR: EUR/USD slippage eventually met support at $1.1267(Nov28 2018 low)

in Monday trade before rate performed a partial recovery back to $1.1278 ahead

of the close. Return of Japanese markets (following Monday's Foundation Day

holiday) saw JPY under pressure through the Tokyo fix, the rise in EUR/JPY

provided the lift to take EUR/USD up to $1.1285 before initial momentum faded. A

brief drift back to $1.1275 ahead of Europe was quickly reversed as early Europe

edged rate back to retest the Asian high. Resistance seen into $1.1295/1.1300.

Support remains at $1.1267 ahead of $1.1250 and $1.1217/16. Risk appetite was

given a boost overnight by the tentative agreement in the US for some Wall

funding, increasing hopes that a partial Govt shut down will be averted.

- ECB's Lane (nominated for the Bank's chief economist yesterday), Weidmann &

Lautenschlaeger are due to speak later today. Lane will also speak Wednesday,

while Coeure & Angeloni are set to speak Friday.

- EZ data focus this week turns to German & EZ GDP figures due Thursday.