Finds support at the $1.1256 level,.....>

EURO-DOLLAR: Finds support at the $1.1256 level, Wednesday's Asia low with rate

finding support here in early NY Thursday before edging back up to $1.1276 then

retested. The USD seen slowly paring back pre FOMC Minutes losses though so far

holding well off Wednesday's ECB react low of $1.1230. Resistance remains at the

Wednesday/Thursday high of $1.1287. 

- After a generally positive US CPI report Wednesday, March PPI further

supported the greenback by suggesting firm underlying inflation dynamics across

a number of categories. On top of that, initial jobless claims were particularly

strong, hitting the lowest level since 1969. As a result, the USD index was bid

throughout the US trading session.

- EZ IP data due Friday at 0900GMT. US import/export price index and prelim Uni.

of Michigan survey are the data highlights into NY 1230GMT. ECB's Praet due to

speak in Washington at 1245GMT.