EUR/USD trades flat at $1.1311 after...........>

KIWI: EUR/USD trades flat at $1.1311 after advancing 15 pips Monday. It is worth

noting reports of U.S. President Trump's administration weighing fresh auto

tariffs on the EU has created a tension in bilateral relations. EU Commission

President Juncker pledged that Brussels shall respond with retaliation to any

trade sanctions imposed by Washington, although he indicated that he doesn't

expect any tariff implementation. Monday saw comments from ECB's Praet, who said

that the Bank has seen market increase in risks to economy & could adapt its

rate guidance if EZ econ slows sharply. On TLTRO's Praet noted that "in March we

will make an assessment of the current and expected state of bank transmission."

- Bulls look for a break above $1.1343, which represents the broken up trendline

from Jan 3 2017. This would allow them to set their sights on the 21-DMA at

$1.1364. Conversely, initial support is located at the 100-HMA at $1.1295,

followed by $1.1267, where the rate bottomed on Feb 11 & Nov 28.

- EZ focus this week turns to German ZEW survey due later today, flash EZ PMI

data & ECB Jan meeting minutes due Thursday, as well as EZ CPI & German IFO due

Friday. Elsewhere, there is plenty of ECB rhetoric scheduled for this week.