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Under pressure with the dollar, Eur-Yen....>

EURO-YEN
EURO-YEN: Under pressure with the dollar, Eur-Yen made a show back under Y133.00
to print extended pullback lows of Y132.81. Minor recoveries stalled ahead of
Y133.00 into Europe, before fresh supply eased to the Y132.83/88 area. Pressure
remains toward the downside with next support at Y132.68/65 (50-dma, 50%
Y131.40-133.89).
* First up on the calendar at 0830GMT, ECB President Mario Draghi will deliver a
speech at the Frankfurt European Banking Congress "Europe into a New Era - How
to Seize the Opportunities", in Frankfurt.
* EMU Construction production data will be released at 1000GMT. ECB Gov. Council
member Jens Weidmann is also scheduled to speak at the 27th Frankfurt European
Banking Congress, in Frankfurt.

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