Eur/Usd: Europe open $1.1902, range....>

EURO SUMMARY: Eur/Usd: Europe open $1.1902, range $1.1875-1.1920, NY open

$1.1884, range $1.1827-1.1900

*Softer US Tsys yields added some weight on the dollar across the

board, as the pair jumped to recovery highs of $1.1899.

*The release of better than expected US Nov Consumer Confidence witnessed a

fresh wave of dollar demand, the rate dropped to fresh session lows of $1.1870.

*The dollar received a lift on hawkish comments from Powell in front of the

senate hearing, the pair dropped to session lows of $1.1864.

*The dollar pared back its gains, as Schumer and Pelosi pulled out of

meeting with President Trump regarding government shut down. The rate jumped

back towards $1.1880.

*As eur/yen dropped sharply on the back of a NK ballistic missile

test, eur/usd followed suit, dropping to fresh lows of $1.1843.

*The dollar received a lift on the back of US tax approval, pair dropped to lows

of $1.1827 before bouncing back towards $1.1840.