It has been a quiet start to the........>

EURO-DOLLAR: It has been a quiet start to the Asia-Pacific session for the FX

space, with the U.S. Independence Day holiday still crimping price action.

- EUR has managed to consolidate the bulk of its BBG ECB sources-inspired gains,

although EUR/USD failed to print a fresh session high on the back of story. The

piece failed to offer little in the way of fresh insight into the thinking of

the, highlighting that a move in interest rates in "September or October next

year is on the cards." This didn't provide any real shock to most, as the hawks

on the governing council were always likely to be unhappy with a hike at the

very end of the calendar year.

- EUR/USD last ~$1.1660, resistance noted at $1.1690/93 (Jun29 high/Jul2 high),

with support at $1.1621/10 (Jul3 low/Hourly support)

- ECB's Weidmann, Mersch & Nowotny headline on Thursday.