Rallied to a high of $1.1116............>

EURO-DOLLAR: Rallied to a high of $1.1116 Wednesday as the USD was seen under

general pressure on release of soft data. US ADP came in below forecasts, which

was seen placing a possible dampener on Friday's NFP release. Softer than

forecast non-mfg ISM had a limited effect with employment and new order

components countering the headline miss. However, rate reversed tack and managed

to retest its earlier lows of $1.1067 before closing the day around $1.1075.

Asia allowed rate to extend this recovery to $1.1087, trading toward $1.1080

into Europe. 

- Germany Factory orders at 0700GMT provides early focus(median forecast 0.4%mm,

-4.6%yy). EZ Retail Sales, Employment and Q3 Final GDP  at 1000GMT. US Weekly

Jobless Claims and Trade at 1330GMT, Durable Goods and Factory Orders at

1500GMT.

- Support $1.1067/66(Dec4-3 lows), $1.1050/40. Resistance $1.1090/1.1100,

$1.1116.