Euro/dollar: Europe open $1.1674,......>

EURO SUMMARY: Euro/dollar: Europe open $1.1674, range $1.1665-1.1728, NY open

$1.1723, range $1.1723-1.1805

*Continued to claw its way higher, extended topside to $1.1750 in early NY.

*Some relief for the dollar following the release of better than

expected US October PPI, with the rate slipping from its fresh highs of $1.1750

towards $1.1735

*A fresh wave of dollar sales as the DXY broke 94.00 the rate printed fresh

highs of 1.1764 before fading.

*The dollar slowly started to pare back some of its earlier

losses, as reports of model selling. The rate drifted back towards $1.1745.

*A fresh wave of dollar sales across the board, as US tsys yields

and stocks continuedto feel pressure, the rate wento to print fresh

session highs of $1.1777.

*A fresh wave of dollar pressure across the board as US Tsys yields

and the Dow took another nose dive, triggering stops on the break of $1.1800

printing fresh highs of $1.1805, before fading into the close.