Eur/usd -  ... European Central Bank Governing Council member Ewald Nowotny said the economic recovery in central, eastern n south-eastern Europe remains fragile with downside risks. He added it was important for countries in the region to reduce debt levels n deficits as soon as possible.

The single currency extended the decline fm intra-day high of 1.3755 to 1.3641 at European opening after triggering some stops at 1.3650. Offers are tipped at 1.3680/85 n 1.3700. On the downside, some bids are located at 1.3610/20 with mixture of bids n stops seen at 1.3600