Eur/Usd: Asia open $1.1856, range......>

EURO SUMMARY: Eur/Usd: Asia open $1.1856, range $1.1834-59. Europe open $1.1846,

range $1.1831-57.

* Rate saw a sharp stop driven spike to $1.1910 Wednesday before rate corrected

to $1.1850 ahead of close.

* Corrective pullback extended in Asia to $1.1834 (Eur/Jpy sales) before rate

edged back toward $1.1850 into Europe.

* Recovery extended to $1.1857 early Europe, dipped to $1.1838 before $1.1857

was retested. 

* A second failure here then saw rate drop back to $1.1831 before it again edged

back toward $1.3250.   

* Little reaction see on release of EZ Services PMI, EZ Retail Sales. 

* Resistance into $1.1860, further interest suggested  at $1.1875/80 ahead of

$1.1910. Support $1.1830, $1.1820/15.

* BOE MPC 'super Thursday' releases from 1100GMT could have an effect via

Eur/Gbp.

* US Weekly Jobless Claims at 1230GMT; Factory Orders, Durable Goods 1400GMT.