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EURO SUMMARY: *Aug25 Euro-dollar open $1.1799, range $1.1788 to $1.1804
*The single currency opened in Asia in the middle of the narrow $1.1784 to
$1.1818 range witnessed yesterday, where consolidation was the main theme.
*Consolidation theme spilled over into Asia, Euro trading in a 16 pip range,
investors were happy to sit on their hands ahead of Jackson Hole Symposium
starting later today
*A news article from a German newspaper group said, the ECB will discuss
terminating its bond buying program at September's meeting and vote to end the
strategy the following month did little to spark any enthusiasm, the euro remain
*German 2Q GDP (0600GMT) provides the initial event risk, which includes a
speech from Fed's Yellen at 1400GMT and ECB's Draghi at 1900GMT