US dollar weakness, led by yen, saw.....>

EURO-DOLLAR: US dollar weakness, led by yen, saw the Euro climb off an earlier

low of $1.1852 to a top at $1.1990, the pair has since consolidated around

$1.1880. This week's ECB meeting is the main focus, on Friday, media reported

that ECB policy makers might not be ready to outline their plans for QE tapering

until December, pressuring Euro lower, strategists at CBA say in a morning note

to clients, the ECB are keen to avoid a 'taper tantrum', they believe the ECB

will not wait until December and expect Draghi to outline their plans for QE

tapering at this week's meeting. Initial resistance lies at $1.1900 (38.2% fib

$1.1980-$1.1850), while hourly support is located at $1.1850-52. Euro-dollar was

last at $1.1882