Recovery off Friday's late pullback.....>

EURO-DOLLAR: Recovery off Friday's late pullback low of $1.1293 faltered at

$1.1321 in earlier Europe trade, falling just short of Friday's high of $1.1324.

Failure to push above the Mar25 high of $1.1331 saw rate ease back to $1.1298,

with help from the release of stronger than forecast US NY Empire State data,

but has since been able to settle back above $1.1300 through to the Europe

close. Underlying tone retains a buoyant tone as market still seen in risk

positive mode, helped by positive reports concerning Sino-US trade talks. A

break of $1.1331 to expose next resistance area between $1.1340/50. Support

$1.1280 ahead of $1.1250.

- Tuesday data includes Germany ZEW and EZ Construction Output at 0900GMT, US

Cap.Ut. and IP at 1315GMT.