EURUSD has consolidated Tuesday's.......>

EURO-DOLLAR: EURUSD has consolidated Tuesday's late gains, operating above

1.1700 for the entirety of the Asia-Pacifc session. Yesterday's late gains came

on the back of a BBG sources piece that offered little new but re-affirmed that

at least some of the ECB "anticipate holding a pivotal discussion at their

meeting next week that could conclude with a public announcement on when they

intend to cease asset purchases, according to euro-area officials familiar with

the matter." Although the piece noted that "it's possible nothing will

materialise next week."

- EURUSD deals at 1.1719 last, with immediate resistance coming in the form of

the June 04 high (1.1745) followed by the May24 high/50% 1.1996-1.1510, 21-DMA

(1.1750/53). Downside interest can be found at the hourly low NY Jun5/38.2%

1.1653-1.1735 (1.1709/04), followed by hourly support (1.1695/85).

- ECB's Praet, Knot & Hakkarainen are all due to speak today.

- Nearby FX option expiries of note at today's 10AM NY cut include:

1.1600(E1.14bn), 1.1650(E1.57bn), 1.1700(E473mn), 1.1750-60(E1.06bn),

1.1800(E1.79bn), 1.1825(E1.41bn).