*Oct27 Euro-dollar open $1.1650,.......>

EURO SUMMARY: *Oct27 Euro-dollar open $1.1650, range $1.1625 to $1.1657

*Euro opened in Asia at the low side of the $1.1641 to $1.1837 range witnessed

yesterday, where broad-based US dollar strength, a dovish statement from ECB's

Draghi and Catalan concerns, all combined to place the single currency on the

defensive.

*The soft close in New York encouraged further selling cited from Tokyo

accounts, Euro slipped through yesterday's base ($1.1641) to post a low of

$1.1625

*Euro then consolidated for the balance of the session between $1.1632 and

$1.1639

*Support is seen at $1.1613 (Jul26 low), with talk of option related demand

around $1.1600, while Asia high of $1.1657 provides initial resistance

*French consumer confidence data provides the initial event risk for the session

ahead, with the main focus on US Q3 GDP.