US Govt shutdown impasse, causing in....>

EURO-DOLLAR: US Govt shutdown impasse, causing in turn equity market volatility,

sees pressure resume on the USD. This along with year end position adjustments

cited for taking the rate through Thursday's high of $1.1454 and on to $1.1467.

Rate remained buoyed above $1.1450 ahead of the European open with early demand

lifting rate back above $1.1460. Resistance seen at $1.1474/77(Dec21

high/100-dma) ahead of $1.1483/86(Upper Bollinger band(3%)/Dec20 high) with

stronger resistance noted into $1.1500. Support $1.1450, $1.1428 ahead of

$1.1410/00.

- German state CPI's due for release, Saxony begins at 0800GMT. Pan-Germany CPI

due at 1300GMT. Market median 0.3%mm, 1.9%yy.

- Spain CPI also due at 0800GMT. Germany and Spain releases to gauge flash EZ

CPI Monday.

- Chicago PMI 1445GMT, US Pending Home Sales 1500GMT provides afternoon focus. 

- Month-Year end approaching. USD currently under pressure though month-end

models have suggested strong USD demand to be seen at Monday's fixes. Monday a

SOMA day $18.2bn.