Saw a high of $1.1254 following.........>

EURO-DOLLAR: Saw a high of $1.1254 following release of disappointing headline

US inflation data before rally faltered through the 1600BST fix and it eased off

to $1.1228. Rate then settled between $1.1230/40 through to the close. Positive

close on Wall Street, following comments from US Trump concerning his warm

feeling toward China, despite earlier failure to secure a trade deal, allowed

for some early risk demand which took rate up to $1.1241 before it drifted off

to $1.1227 into Europe. Support seen into $1.1220 ahead of $1.1200/1.1190.

Resistance $1.1255/65. A light data/speaker calendar for the EZ Monday. Focus on

Fed speakers Rosengren, Clarida and Kaplan. Markets await any developments from

the Sino-US trade talks, some watching for potential Chinese retaliation to the

increased tariff imposition on China imports into the US.