USD strength in Asia allowed EUR/USD....>

EURO-DOLLAR: USD strength in Asia allowed EUR/USD to break below $1.0950 with

apparent ease, the rate trading to a low of $1.0931 where Asian traders noted it

met decent support. Rate has since edged back toward $1.0950, aided in part by

the early pressure on sterling, seen led by good demand for EUR/GBP. Traders

aware that the $1.0945-50 area holds the strikes of E1.97bln of expiring EUR

puts at today's NY cut. Suggestion that this interest could be linked to the

earlier demand found toward $1.0930, with suggestions that rate may try to edge

back above $1.0950 into the NY cut(10.00ET). General USD strength likely to

upset US Trump, market will be on watch for further Tweets.

- EU PPI at 0900GMT provides morning data focus. US Mfg PMI and Mfg ISM at

1345GMT and 1400GMT respectively.

- Support $1.0930, $1.0900, $1.0889 (1.618% swing 1.1027-1.1250), $1.0864 (76.4%

1.0341 to 1.2555)

- Resistance $1.0950, $1.0972, $1.1000.