*Oct4 Euro-dollar open $1.1744,........>

EURO SUMMARY: *Oct4 Euro-dollar open $1.1744, range $1.1736 to $1.1780

*Euro opened in Asia toward the upper side of the $1.1696 to $1.1773 range

witnessed yesterday, where upbeat Eurozone PPI and a modestly weaker US dollar

underpinned the single currency

*After trading sideways in a $1.1736-45 range, weaker UST yields encouraged

broad-based dollar weakness, the Euro moved up from around $1.1740 to $1.1780

*Supply at $1.1780 was said to be 'decent', the pair then consolidated around

$1.1770 for the balance of the session, despite UST yields paring most of its

losses.

*Resistance lies at $1.1789 (Oct3 high), a break opens $1.1820 (Oct2 high),

while hourly support is seen at $1.1736

*European composite/services PMI's provide the event risks for the session

ahead, which includes US ADP employment change