*Oct12 Euro-dollar open $1.1859,.......>

EURO SUMMARY: *Oct12 Euro-dollar open $1.1859, range $1.1858 to $1.1878

*Euro opened in Asia near the upper side of the $1.1795 to $1.1869 range

witnessed yesterday, where a broadly weaker US dollar and easing Spanish

political concerns placed the Euro on the front foot.

*Euro was better bid from the get-go, with Asia investors deeming the latest Fed

Minutes as more dovish than expected. Euro climbed from $1.1858 to $1.1872

before fading

*Pullbacks again found support around $1.1860, further demand pushed the Euro to

$1.1878 before stalling ahead of decent resistance

*Euro remained elevated heading toward the European open and was last at $1.1875

*Resistance is found at $1.1881 (50% fib $1.2092-$1.1670), while hourly

trend-line support drawn off $1.1670 low is currently seen at $1.1835

*French CPI for September and Euro-zone Industrial Production for August provide

the event risks for the session ahead, which also includes US PPI and Jobless

claims