Eur/usd - 1.4384 ... Despite early selloff to 1.4359 in European session, the single currency rebounded briefly on short-covering after the release better-than-expected U.S. Empire state data in January which rose to 15.92 (economists' forecast was 11.28) fm previous month's upwardly revised reading of 4.50. U.S. industrial production in December rose by 0.6% as expected with downwardly revised 0.6% increase in November. Bids by sovereign names is located at 1.4355/60 with stop seen below 1.4350. On the upside, offers by various accounts are tipped at 1.4400, 1.4420 n 1.4440/45.
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