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Euro-yen demand has seen the euro.......>

EURO-DOLLAR
EURO-DOLLAR: Euro-yen demand has seen the euro push higher from the
mid-$1.1770's to a top so far of $1.1793. Resistance is fairly close-by at
$1.1798, the level marks the 38.2% fib retracement on the $1.1910 to $1.1728
decline, a break opens $1.1819 (50% on the same move). Traders also point out a
sizable option expiry for today at $1.1800(E896mn), that may act to contain the
near-term range. Euro-dollar was last at $1.1882

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