Opened in Asia toward the middle of.....>

EURO-DOLLAR: Opened in Asia toward the middle of the $1.1713 to $1.1758 range

witnessed yesterday, where the single currency was largely pulled around by

cross activity predominantly, against krona and sterling. There is no economic

data in Asia to impact trading, however, outgoing Fed chair will be speaking

with former BoE governor Mervyn King at 2300GMT. In option space, close-by

strikes rolling off today include, $1.1700(E688mn), $1.1750(E971mn) and

$1.1800-05(E1.12bn), that may act to contain the near-term range. Resistance is

located at $1.1758 (Nov21 high), while hourly support is found at $1.1724. Euro

is currently changing hands at $1.1737.