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Hi Marc,

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Squawk box refco (Ergänzung 10.12 GMT):

...Trend studies beginning to flatten out . (AS) [10:12 GMT]
end

edit:
Eur/USD was limited to 1.3265 after it surged on US name buying. Talk
is of stops and a possible option barrier at 1.3255 that fuelled the rise.
Support at 1.3240/45 has been found on the pullback and the pair now look heavy
above the previous Asian/European cap at 1.3230. In other news the BGS has cut
their forecast for German 2005 GDP from 1.25% to nearly 1%. The also claimed the
USD would not collapse further due to support form an easing in oil prices. --