*Aug28 Euro-dollar open $1.1926,.......>

EURO SUMMARY: *Aug28 Euro-dollar open $1.1926, range $1.1920 to $1.1965

*Euro opened in Asia toward the upper side of Friday's $1.1774 to $1.1941 range,

where Draghi's silence on Euro strength gave the green light to bulls and placed

the greenback on the defensive

*Euro surged from $1.1926 to $1.1965 in early trade, the move was partly

following Cable, the pound shooting higher on stops, and partly down to euro-yen

demand

*Euro-yen supply just after the Tokyo open pushed the Euro-dollar down from

around $1.1950 to $1.1920. Once that interest had concluded, the Euro

consolidated in the low $1.1920's

*Demand from macro/quant names is cited below $1.1920

*Option barrier at $1.2000 is said to be 'huge', another barrier at $1.2050

*Economic data for the session ahead is light, with Italian manufacturing

confidence and consumer confidence data, both at 0800GMT