Extended slippage to $1.1309 after......>

EURO-DOLLAR: Extended slippage to $1.1309 after early risk appetite dissipated

and the weekend report of progress in the Sino-US trade deal was picked apart,

along with US Trump's apparent attempt to talk down the USD with his 'attack' on

Fed Powell failing. EUR/JPY sales led the move, with EUR/USD stepping its way

down. However, rate did pick up some demand into and through the 1600GMT fix as

it recovered to $1.1335. Support said to remain in the area between $1.1310/00,

$1.1309 the mentioned low with the 61.8% retracement level of the last rally

from $1.1234 to $1.1420 coming in at $1.1305. A break of $1.1300 to expose the

$1.1278/76 area. Resistance $1.1345/50 ahead of $1.1370. 

- EZ Services/Composite PMI's provide early data focus Tuesday ahead of EZ

Retail Sales. ECB Thursday and US NFP remain key data for the week.