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Failure to consolidate above $1.1600....>

EURO-DOLLAR
EURO-DOLLAR: Failure to consolidate above $1.1600 amid the broadly firmer
dollar, pressures to fresh daily lows of $1.1555. A marginal improvement in
Spain Services PMI (52.7, prior 52.6) sees limited react as focus turns to
readings from Italy (0745GMT), France (0750GMT), Germany (0755GMT) & EZ
(0800GMT). Next support is seen from yesterday's low at $1.1530, a break of
$1.1520 would raise concern for short-term longs. 

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