Euro/dollar: Europe open $1.1771,......>

EURO SUMMARY: Euro/dollar: Europe open $1.1771, range $1.1762-1.1807, NY open

$1.1782, range $1.1774-1.1825

*Settled back to $1.1780, off late Europe morning high of $1.1807, into the NY

open,

*The dollar came under renewed pressure across the board, as US

Tsys yields slipped with the rate grinding towards $1.1800. Before

slipping back towards $1.1780. 

*In reaction to EU'S Tusk comment "EU not working on no-deal

scenario for Brexit" saw broad based euro demand, with the rate jumping to a

fresh intraday high of $1.1809.

*As the dollar felt continued pressure, as cable spiked and XAU

rallied, the rate went onto print fresh highs of $1.1818 before losing

momentum and falling back towards $1.1800.

*In reaction to Puigdemont comments "wants an independent state"

follow by "Proposing to suspend independence referendum result" has seen the

rate spike to a fresh intraday high of $1.1825, before fading towards $1.1800.