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*Oct6 Euro-dollar open $1.1711,........>

EURO SUMMARY
EURO SUMMARY: *Oct6 Euro-dollar open $1.1711, range $1.1686 to $1.1716
*The single currency opened in Asia toward the lower side of the $1.1699 to
$1.1779 range witnessed yesterday, where broad-based US dollar strength and
dovish undertones from ECB's September minutes placed the Euro on the defensive.
*After trading sideways in a $1.1699 to $1.1716 range for the majority of the
session, demand around $1.1700 eventually gave way to see the Euro post a fresh
low at $1.1686. US dollar strength was again the theme, with the greenback
making solid gains against Aussie and the Pound
*Recoveries were held to $1.1700 and as the European markets begin to open the
Euro trades at $1.1698.
*Support is seen at $1.1679 (23.6% $1.0341-$1.2092), while Asia's high of
$1.1716 is initial resistance
*German Factory Orders for August provides the initial event risk, with US NFP's
the main focus.

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