Rate traded with an underlying..........>

EURO-DOLLAR: Rate traded with an underlying buoyant tone through Tuesday's trade

though met decent resistance at the $1.1295 before it gave way late on to allow

for a move on to $1.1305. However, move failed to gain any traction and eased

off to $1.1282 before closing the day at $1.1288. Early trade in Asia said to

have met strong resistance at $1.1290 which capped, the rate though restricted

to a tight range of $1.1283/90 through the session. Resistance now seen from

$1.1290 through to $1.1305. Support $1.1280, $1.1267, stronger into $1.1250.

- Option expiries of note today, $1.1200(E1.22bn), $1.1250(E1.8bn),

$1.1295-1.1300(E1.98bn)  

- EZ IP provides data focus this morning along with appearances by ECB Mersch,

ECB Angeloni and ECB Coeure.

- EZ focus this week on French & German CPIs Thursday, as well as Italian & EZ

CPI's Friday. 

- US PPI and Durable Goods provide data interest this afternoon.