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Eur/Usd: Asia open $1.1759, range......>

EURO SUMMARY
MNI (London)
EURO SUMMARY: Eur/Usd: Asia open $1.1759, range $1.1751-63. Europe open $1.1759,
range $1.1748-79.
* Recovery off Wednesday low of $1.1747 was capped through the day at $1.1766,
closed the day at $1.1760.
* Rate consolidated through Asia within a tight $1.1751-63, edged to $1.1764 in
opening Europe then dropped back.
* Rate touched a low of $1.1748 then rallied back hard to $1.1779 on back of
Eur/Gbp demand.
* Rate settled between $1.1767/77 in late morning trade, underlying tone
remained buoyant. 
* Catalonia concerns seen overshadowed by FOMC potential make up after February
2018.
* Markets overall seen fairly subdued as traders move into US NFP watch for
Friday.
* Wage growth data more likely to grab the main attention Friday. BLS data Oct20
to strip out hurricane states. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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