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Euro/Dollar: Europe open $1.1762,......>

EURO SUMMARY
EURO SUMMARY: Euro/Dollar: Europe open $1.1762, range $1.1743-66, NY open
$1.1760, range $1.1752-1.1777
*Release of mixed Eurozone flash PMI data, manufacturing though showed gains,
saw rate recover to $1.1767 late morning before fading.
*Early NY witnessed a wave of euro demand, with the rate testing the resistance
at the intraday high of $1.1770.
*The dollar  pared back some of it's earlier gains, as US tsys
yields slipped and XAU rebounded of its lows, with the drifting towards $1.1755.
*Broad based euro demand, particularly eur/chf which hit new
highs since the floor was broken in January of 2015 saw eur/usd follow suit
printing fresh session highs of $1.1777.
*Broad based dollar demand, following US Tsys and the Dow printing another
record high witnessed the rate drop back towards $1.1760.

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