Rate met resistance Tuesday at..........>

EURO-DOLLAR: Rate met resistance Tuesday at $1.1450 before it eased to a low of

$1.1411 only to bounce back to $1.1440 through the 1600GMT fix. Upside momentum

quickly faded and rate eased to $1.1420 before it slowly edged its way back to

$1.1440 ahead of the close. Rate traded around $1.1435 in pre Tokyo trade before

marking lows at $1.1428 as Japan got under way. Dip met demand, aided by the

positive reaction in AUD to the release of stronger than forecast Australian

CPI, and allowed rate to recover to $1.1446 into Europe. Resistance remains at

Tuesday's high of $1.1450, though looks to be targeted in current trade. A break

and clear to expose $1.1463(61.8% 1.1570-1.1290) ahead of stronger resistance

area between $1.1490/1.1500. Support $1.1428 ahead of $1.1411/05 and $1.1390.

- Worth mentioning BBG sources said that Italy's Dep PM Salvini faces pressure

from within his party to force a snap election in an attempt to form a

single-party majority gov't.

- EZ highlights this week include German CPI & French GDP due later today, as

well as EZ & Italian GDP due Thursday. Elsewhere, ECB's Coeure, Mersch &

Weidmann will all speak on Thursday.