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USDCAD TECHS

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GLOBAL POLITICAL RISK

Modi, AMLO Top Major Economy Leader Poll, Macron Last

AUDUSD TECHS

Under Pressure

EURJPY TECHS

Trend Condition Remains Bearish

EURO-DOLLAR
EURO-DOLLAR: Upside pressure remains, EUR/USD edges above $1.1100, triggered a
suggested barrier at the figure before it edged on to $1.1111. Corrective
pullbacks shallow with support now seen around $1.1100. Month-end today, prelim
models suggest USD sales at today's fixings and said to be providing some of the
underlying demand interest. Just an observation, in recent month-ends when
market has moved ahead of the fix it often leaves itself open to a squeeze so
chance we could see a sharp reversal before real fix demand emerges. Recent
positive risk outlook has provided the EUR/USD recovery drive but this view seen
slightly dented as US Trump to give a press conference on China. Germany Retail
Sales released at writing, coming in stronger than forecast at -5.3%mm vs
expected -12.0%mm. Little immediate reaction. France CPI (0745BST), EZ M3
(0900BST) ahead of EZ flash CPI at 1000BST. US advance trade balance, Personal
spending/income, PCE at 1330BST ahead of Chicago PMI at 1445BST and UofM at
1500BST. Fed Powell speaks at 1600BST. 
- Support $1.1100, $1.1067, $1.1035/30. Resistance $1.1111, $1.1163(Mar30 high).