Support: 1.4278 (overnight low), 1.4224 (100-day moving average), 1.4137 (60-day moving average), 1.4135 (20-day moving average), 1.3911 (June 20 low), 1.3688 (June 12 low; 15 1/2-year low), 1.3660 (February 1986 trough).
Resistance: 1.4309 (overnight high), 1.4349 (July 20 peak), 1.4414 (May 21 peak).

UPDATE OF NEWS

ECB says euro-zone June M3 growth 6.1% on year vs 5.1% in May
Frankfurt, July 26 (BridgeNews) - Euro-zone M3 money supply grew 6.1% on the year in June compared with 5.1% in May, the European Central Bank said, giving figures adjusted for seasonal and calendar effects for the first time.
for On the old, unadjusted basis, June euro-zone M3 grew at an annual 6.3%, as against May's 5.3%.

German annual import price inflation lowest since 1999
Frankfurt, July 26 (BridgeNews) - The German annual import price inflation rate slipped to 3.6% in June from 4.0% in May, hitting the lowest inflation level since September 1999. Import prices slid 0.3% from May, as prices for pork, beef and oil products posted significant monthly falls. A BridgeNews/Fokus Deutschland survey of bank economists had forecast prices would fall 0.1% on month and rise 3.8% on year.

Hayami says BOJ will take appropriate monetary steps
Tokyo, July 26 (BridgeNews) - Bank of Japan Governor Masaru Hayami said that BOJ will aim to appropriately manage monetary policy while closely watching developments in the economy. His comments were in a prepared text released by Hayami, who is delivering a speech at the opening of the quarterly branch managers' meeting. Hayami said economic adjustments are intensifying in Japan.

UK's Brown makes case for common EU-US "marketplace"
London, July 26 (BridgeNews) - Chancellor of the Exchequer Gordon Brown has argued that the European Union and the U.S. should strive for a common, tariff-free trans-Atlantic market. Brown, who is speaking in New York later , spelt out the case for boosting trade between North America and the EU in an article in the Daily Telegraph newspaper.

Major Japanese retailers sales down 1.9% on year in June
Tokyo, July 26 (BridgeNews) - Sales by major Japanese retailers amounted to 1.776 trillion yen in June, down 1.9% from a year earlier after adjustment for the number of stores, the Ministry of Economy Trade and Industry said. Sales have declined on the year every month since May 1998, indicating private consumption remains weak.