EUR/USD has stuck a tight 20 pip........>

EURO-DOLLAR: EUR/USD has stuck a tight 20 pip range thus far, after a week of

cautious rhetoric from the majority of the ECB policymakers sees the pair 300

pips or so off of last week's high, last $1.1568.

- Bears remain focused on tests of 2018 lows, although the Bollinger base

($1.1511) is the key concern for bears and limits follow through. Bulls still

need a close above $1.1723 to shift focus back to $1.1854-94.

- ECB's Weidmann, Nowotny & Villeroy will all make addresses on Thursday.

- There is plenty of nearby options interest with the following notable expiries

at today's 10AM NY cut:$1.1525(E1.24bn), $1.1550(E1.72bn), $1.1600(E1.14bn),

$1.1625(E2.16bn