-EUR/USD slipped comfortably below the........>

FOREX: -EUR/USD slipped comfortably below the $1.14 handle post-ECB rate

decision despite Draghi and the Governing Council revealing little new clues or

policy developments in the press conference. Equities consolidated their recent

weakness, helping underpin a modest recovery in the USD index alongside the

opening bell, but moves remain shallow given the volatility seen earlier in the

week.

-GBP was particularly weak from the off, prompting EUR/GBP to touch (but not

break above) the 100-dma at Gbp0.8882. A close above here would open the door to

further gains toward Gbp0.8901.

-AUD gained against all others in G10, continuing to defy those who are looking

for AUD/USD to break below the year's worst levels of $0.7041. AUD traders

continue to watch USD/CNH, which rallied to touch a fresh multi-year high of

Cnh6.9669 Thursday.

-US GDP and Uni. of Mich are the data highlights Friday. Fed's Mester, ECB's

Draghi and Coeure are also due to speak.