EUR/USD - 1.3311.. Late comments by ECB's Trichet ahead of Asian opening prompted initial wave of short-covering n euro buying by st specs as the ECB chief toned down his y'day's dismay over possible IMF's involvement in the Greek aid n said he welcomed a European Union agreement on an aid plan for Greece. Buying interest is tipped fm 1.3280-60 area with stops below there n some offers are reported at 1.3320-40 area with more stops placed abv y'day's 1.3388 high.

Expect euro to find a temporary floor today as market is very short n wud look to buy on dips.