Eur/usd - 1.4042...Euro moved higher in Asia on more short-covering n also on the back of the rally in aud/usd, taking out stops at 1.4020/30 n hitting an intra-day high of 1.4063 b4 easing. There is some focus on the article in the U.K Telegraph in what an ECB official warned of risks to European banks if the recession drags on into 2010. Offers are noted at 1.4090/00 while on the downside, bids are likely to emerge fm 1.3960 down to 1.3930...