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*Aug24 Euro-dollar open $1.1807,.......>

EURO SUMMARY
EURO SUMMARY: *Aug24 Euro-dollar open $1.1807, range $1.1794 to $1.1818
*Euro opened in Asia at toward the upper side of the $1.1740 to $1.1823 range
witnessed yesterday, where upbeat European economic data and softer US rate
yields placed the single currency on the offensive
*Consolidation was the name of the game during the Asia-Pacific session, euro
inched lower from $1.1818 to $1.1794, with firmer US rate yields said to have
encouraged the move
*Euro crawled back to $1.1806 ahead of the opening of European markets
*Resistance lies at $1.1824/28 (Aug24-22 highs), while support is found at
$1.1792/82 (38.2%/50% fib on yesterday's move).
*French Manufacturing confidence (0646GMT) provides the initial risk-hurdle for
the session ahead, which includes US Jobless claims (1230GMT)

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