Rate retreated from a late European.....>

EURO-DOLLAR: Rate retreated from a late European morning high of $1.1046 to a

low of $1.0991 into early NY as a returning US market reacted positively to good

bank earning results. However, rate bounced back to $1.1045 ahead of the 1600BST

fix in a move seen led by Cable's reaction to further positive Brexit deal

comment. Post fix rate eased to $1.1015 before it settled around $1.1030/35 into

the close. Early consolidation in Asia before markets reacted to talk of China

retaliation if the passage of a US bill on HK is enacted. Rate eased to $1.1024

but had recovered to $1.1037 into Europe. 

- Resistance seen between $1.1045/50, a break to expose Friday's high of $1.1063

ahead of $1.1075. Support $1.1025/20 ahead of $1.1000.

- Final EZ CPI due at 0900GMT (not usually a market mover, normally rubber

stamps the flash number)

- EZ speakers of note include Knot(1230GMT), Lane(1500GMT & 1800GMT),

Weidmann(1700GMT), Villeroy (2100GMT)

- US Retail Sales 1230GMT. NAHB Housing Market Index 1400GMT. Fed Evans speaks

at 1445GMT.