Euro/dollar: Europe open $1.1685,......>

EURO SUMMARY: Euro/dollar: Europe open $1.1685, range $1.1685-1.1722, NY open

$1.1708, range

*Edged on to $1.1722, as the Eur picked up general demand interest

following the release of stronger than median forecast Germany CPI.

*Extended recovery, off Thursday's pullback low of $1.1650, to

$1.1732.

*The release of slightly weaker than expected GDP revisions witnessed broad

based dollar pressure. The pair spiked to a new intra-day high of $1.1754

*The dollar pared back some of its post GDP losses, with the

rate slipping towards $1.1715.

*Pressure on the greenback following firming commodities and US Tsys

yields falling saw the rate grind towards the intra-day high of $1.1754.

*In reaction to reports by RTRS that North Korea has fired a test

missile has seen the rate spike to a new intra-day high of $1.1764

*The pair drifted back towards $1.1750 into the NY close, however the bearish

dollar tone remained.