The euro strengthened vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4675 level and was supported around the $1.4575 level.  The common currency appears poised to close at its highest quarter-ending level since Q4 2008.  Mixed global economic data fueled some of the euro's ascent.  The flash EMU-16 September consumer price index wasoff 0.3% y/y, lower than August's -0.2% y/y decline.  Nonetheless, many economists believe this pullback in CPI is temporary and are forecasting a recovery in November.  Other data released overnight saw German September unemployment decline 12,000 with the unemployment rate at 8.2% while August plant and machinery orders were off 43% y/y.  Eurogroup Chairman Juncker reiterated the European Central Bank is unlikely to implement an exit strategy before 2010.  ECB member Kranjec reported the ECB's liquidity tender shows the system is liquid enough while ECB Vice President Papademos added monetary policy can be used to ensure price stability and lessen asset-price bubbles.  In U.S. news, the September ADP private employment report came in worse-than-expected at -254,000, down from an upwardly revised -277,000 for August.  Also, second quarter gross domestic product came in better than expected at -0.7%, up from the prior reading of -1.0%, while the Q2 GDP price index was unchanged.  The Q2 core PCE reading was also unchanged at +2.0% q/q and the September purchasing manager index came in less-than-expected at 46.1, down from the prior reading of 50.0.  Friday's non-farm payrolls report will be closely watched with some private forecasts calling for job losses below -200,000.  Philadelphia Fed President Plosser said the Fed will need to prevent a recurrence of great inflaton while Atlanta Fed President Lockhard noted he favours a sustained stimulus until final private demand expands.  Fed Governor Kohn cited inflation as subdued and said the Fed can't predict how rapidly it will have to raise rates but added low rates will likely be warranted for an extended period.  Nonetheless, Kohn said rates will need to rise before the economy overheats.  Former Fed Chairman Greenspan reported U.S. economic growth should average 3% - 4% in the next six months and said the U.S. economy should not return to recession next year.  Group of Seven officials convening in Istanbul this weekend are not expected to issue a statement after their meeting. 
Euro bids are cited around the US$ 1.4445 level.