Early Europe slightly extends trade.....>

EURO-DOLLAR: Early Europe slightly extends trade range parameters to $1.1006-19

from earlier Asian range of $1.1008-15. Rate said to be finding some buoyancy

linked to option interest, the $1.1000 level holds E1.48bln of option expiries

for today's NY cut, E1.35bln being EUR puts, with larger interest noted for

Friday's cut with E1.79bln of EUR puts rolling off. Asian traders earlier noted

support between $1.10990-1.1000, ahead of Wednesday's low of $1.0985. Resistance

noted at and above $1.1020 ahead of $1.1055/60. ECB announcement in focus,

expectations for a rate cut, with possible tiering, renewed QE along with

forward guidance. US CPI to be released as ECB Draghi begins today's press

conference, expectations for a strong show following Wednesday's US PPI data.