Today's Report

* Euro is still meandering back and forth as if still digesting last Friday's slightly better-than-expected NFP data. Euro, however, is expected to weaken further ahead of ECB rate cut on Thursday. Meanwhile, Bernanke and Trichet are scheduled to speak at several different occasions throughout the week.

* As discussed before, with EUR/USD still staying well within the inner falling channel, fall from 1.4719 should still be in progress. Intraday bias is flipped back to the downside for 1.3313 first. Break will confirm this case and bring deeper fall towards 1.2329 low. (ActionForex)

* Economic calendar is barren as far as today goes.

* Live Trading: Sold EUR/USD 1.3398 [Closed +40]