EURUSD remains locked in narrow range...>

EURO-DOLLAR: EURUSD remains locked in narrow range trade, holding toward the

base of its $1.1362-76 Asia range. With all eyes on the G20 summit, market talk

suggested that Chinese President XI is planning to present President Trump with

a set of demands. Minor risk off saw JPY firm across the board, EURJPY touched

pullback lows of Y122.28. The 200-dma remains key today at $1.1342, below here

opens down trendline support drawn off the Jan 10 high at $1.1318.

- G20 headlines and month/quarter/H1-end flow expected to drive. Bank models

have suggested strong dollar sales linked to month-end.

- Eurozone CPI is the main highlight this morning at 0900GMT. Annual inflation

for the Eurozone is forecast to remain at May's level of 1.2% while core

inflation is expected to edge up slightly to 1.0% in June.

- Personal Income & PCE data is due up at 1230GMT, MNI Chicago PMI is released

at 1345GMT, followed by Michigan Sentiment at 1400GMT. PCE is expected to be

rise by 0.2%, based on stronger retail sales data in May and an upward revision

to sales in the previous month. The MNI Chicago PMI is expected to fall back

slightly to a reading of 53.6 in June after a modest gain to 54.2 in May.