Positive US data Wednesday boosted......>

EURO-DOLLAR: Positive US data Wednesday boosted the USD, allowed EUR/USD to dip

to a low of $1.0992(though held off a retest of its Nov14 low of $1.0989). Rate

recovered to $1.1007 before closing the session at $1.0999. Rate touched $1.1011

in opening Asian trade but had settled back around $1.1005 into the Tokyo open

then slowly edged back to $1.1010 into Europe. USD/JPY was pressed lower in

reaction to Trump's signing of the controversial HK Bill (and its possible

effects on the current Sino-US trade negotiations. Retaliation threats from

China have been heard, nothing definite announced), the sales of USD were seen

behind EUR/USD's rise, though underlying tone remains bearish. Rate holds below

its broken rising trend support $1.1013, drawn off the Oct1 low. A break to

provide some mild relief to the current negative feel.

- Option expiries of note $1.1025-30(E1.15bln). 

- Germany regional CPI's released through morning, pan Germany CPI at 1300GMT.

EZ Confidence Indicators released at 1000GMT.

- Thanksgiving holiday in the US today to effect liquidity. Month-end flow could

provide some EUR/USD buoyancy.