Rate continued to ease away from........>

EURO-DOLLAR: Rate continued to ease away from Tuesday's high of $1.1175 to

$1.1111 Wednesday, though momentum failed to challenge reported stronger support

toward $1.1200. Rate did manage a correction to $1.1134 before settling between

$1.1112-21 through to the close($1.1114). Rate picked up demand in Asia, aided

by the reaction in AUD to release of strong Australian jobs data, edged to

$1.1133 then settled back on $1.1125. However, EUR/USD was seen picking up some

fresh demand as market heads into Europe, rate currently trades around $1.1130. 

- Minor resistance seen at $1.1134, $1.1143, $1.1154 ahead of $1.1175 and

stronger interest into $1.1200. Support remains on the approach to $1.1200,

break opens a deeper move toward $1.1070.

- France Sentiment Indexes at 0745GMT. US Weekly Jobless Claims, Phila Fed at

1330GMT. Exisiting Home Sales, Leading Indicators at 1500GMT. 

- ECB Lane speaks at 1530GMT.