Eur/usd - 1.2947 ... The single currency continued to move higher after trading abv y'day's low at 1.2888 n offers at 1.2940-50 were absorbed, however, offers fm various parties (European names n U.S. inv. banks) are reported at 1.2990-00 n mixture of offer n stops is tipped at 1.3015/20. On the downside, good bids fm Asian sovereign names are noted fm 1.2920 down to 1.2900 (for protection of sizeable stops below 1.2880). Upcoming economic indicators include German PPI n Zew index but traders' focus remains on developments in equity markets...