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EURO SUMMARY: Euro/dollar: Europe open $1.1779, range $1.1773-1.1814, NY open
$1.1814, range $1.1792-1.1833
*The release of weaker than expected Core PCE data has see broad
based dollar pressure with the rate spiking from $1.1803 to fresh intraday highs
*Continued pressure on the dollar witnessed the rate jump to a fresh
intraday high of $1.1833. The move coincided with the release of weak US data
*The dollar pared back some of its losses in light trading, with the
rate drifting from its intraday high of $1.1833 towards $1.1815.
*A fresh wave of broad based dollar pressure as the rate spiked
towards the intraday high. The move is reported to be 4PM WMR month end
*The dollar slowly pared back some of its WMR losses, as the rate
drifted towards $1.1800.
*A wave of eur demand witnessed the rate jump to $1.1825 before fading.