*Aug17 Euro-dollar open $1.1767,.......>

EURO SUMMARY: *Aug17 Euro-dollar open $1.1767, range $1.1765 to $1.1790

*Euro-dollar opened in Asia at the upper side of the $1.1682 to $1.1779 range

witnessed yesterday, where Trump's move to dissolve two business councils and

Fed's inflation concerns placed the greenback on the defensive.

*The weaker dollar story saw the euro extend gains from $1.1765 to a high of

$1.1790 before meeting supply from option accounts.

*Consolidate then took hold, the euro held to a tight $1.1775-83 range ahead of

the European open

*Option expiries for today include; $1.1700(E1.26bn), $1.1795(E1.41bn) and

$1.1800(E1.21bn)

*Eurozone July CPI (0900GMT) provides the event risk for the session ahead,

which also includes US Initial Jobless Claims (1230GMT).