### Saw an extended recovery high of....>

EURO-DOLLAR: ### Saw an extended recovery high of $1.1932 into Thursday's end

month fix, where bank models' predictions had proved correct with their call for

Usd sales. Rate dropped back to $1.1886 post fix with recovery efforts capped

around $1.1915 ahead of the close. Early Asia saw rate mark a low of $1.1887

before fresh demand allowed it to edge back, moved to $1.1933 into the European

open before momentum faded. Rate has since eased to $1.1908 on general Usd

demand but dips continue to meet willing buyers. 

* TECH: Support remains at $1.1886(38.2% $1.1809-1.1933), $1.1871(50%),

$1.1856(61.8%), $1.1838(76.4%).

- Resistance $1.1933, $1.1961/65(Nov27 high/76.4% $1.2092-$1.1554),

$1.2004(Sep22 high)

* DATA: Spain Mfg PMI 0815GMT(median 56.5 vs 55.8 last; 0845GMT Italy Mfg

PMI(median 58.3 vs 57.8 last); 0850GMT France Mfg PMI (flash 57.5); Germany Mfg

PMI (flash 62.5); EZ Mfg PMI (flash 60.0)

* OPTIONS: Expiries $1.1875(E596mn), $1.1900(E763mn), $1.1925-30(E999mn),

$1.1950(E362mn)