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EURO-DOLLAR
EURO-DOLLAR: ***News out a short time ago from a German Newspaper said the ECB
will discuss terminating its bond buying program at September's meeting and vote
to end the strategy the following month has been met with a muted response, the
Euro has largely remained stationary. Sources indicate the news was expected and
likely timetable, perhaps that is why it has fallen so far on deaf ears. It may
get more of a response should Draghi decide to cover this subject at his Jackson
Hole speech later today. Euro was last at $1.1798 and the range today has been
$1.1788-$1.1804