Eventual break of $1.1350 reported to...>

EURO-DOLLAR: Eventual break of $1.1350 reported to have triggered stops as the

barrier at this level was taken out. Rate extended lows to $1.1330 before rate

recovered to $1.1347 ahead of the close. This correction extended to retest the

broken barrier level at $1.1350 but failed to edge above. Rate eased to $1.1335,

recovered to $1.1346 before EM easing, led by USD/TRY and USD/ZAR, acted to take

rate through Tuesday's low to a fresh YTD low of $1.1320, though traders did

note decent demand encountered from around $1.1327. Early Europe has probed down

to $1.1317, currently trades back around $1.1330. Apparent support may indicate

option interest at the $1.1300 being defended. Resistance remains at $1.1350. EM

remains a key driver, market to be on headline watch, especially into the

afternoon and possible US Trump tweets. US Retail Sales at 1230GMT provides main

data focus on the day.