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EURO-DOLLAR: Month-, Year-end flow Tuesday provided the sell pressure on the USD
to allow EUR/USD to touch a high of $1.1239, though had backed off to the
$1.1220 area at the London 1600GMT fix, the rate closing the year at $1.1210.
Tokyo markets remain on holiday until Monday leaving Asian markets thin. Rate
managed to edge to $1.1225 before it dropped down to $1.1201 meeting support on
its approach to $1.1200, recovering to $1.1207 into Europe. A break of $1.1200
to expose the Dec30 low of $1.1171. Resistance remains at $1.1225 ahead of
- EZ final Mfg PMI data due through the morning ahead of US Weekly Jobless
Claims and US final Mfg PMI (more interest seen on Friday's release of US ISM