Euro/Dollar: Europe open $1.1736,......>

EURO SUMMARY: Euro/Dollar: Europe open $1.1736, range $1.1704-41, NY open

$1.1722, range $1.1713-1.1780

*The release of weak US PPI data and jobless claims witnessed broad

based dollar pressure with the rate spiking to $1.1748.

*As euro/yen comes under a fresh wave of pressure, eur usd has

followed suit with the pair dropping towards $1.1720.

*Renewed pressure on the dollar, following dovish comments from the

FED'S Dudley "YEAR-ON-YEAR INFL NUMBERS WILL BE LOWER FOR WHILE" saw the rate

spike towards the intra-day high of $1.1770.

*The dollar pared back its losses, following a dovish tone from

the FED'S Dudley, as the rate slipped towards $1.1740.

*A fresh wave of pressure on the dollar, over further concerns of

tensions with North Korea witnessed the rate bounce towards $1.1760.

*The dollar came under renewed pressure, as Trump commented " perhaps

fire and fury was not strong enough", the rate spiked to a new

intra-day high of $1.1785.