EUR/USD - 1.3077.. Euro rebounds ahead of European opening as bids at 1.3050-40 (low in Asian morning was 1.3046) contained intra-day cross-inspired weakness. Range-trading is seen with a biddish tone but a mixture of offers n stops is placed abv y'day's high at 1.3107. Some M/A news, French EDF has agreed to sell its UK electricity grids business to the Hong Kong billionaire Li Ka-shing's Cheung Kong Infrastructure of HK for 5.8 bln pounds. In addition to German n EU eco. data, pay attention to Swiss KOF indicator at 09:00GMT, if this leading indicator shows continued strength (forecast is 2.3 vs prev. 2.5), market may expect more sales in eur/chf (SNB was rumoured to have sold eur/chf in huge amounts on last 2 days to trim its holdings) n this wud put pressure on eur/usd.