*** Rate held key support level of......>

EURO-DOLLAR: *** Rate held key support level of $1.1650 in Thursday's extended

corrective pullback from earlier highs of $1.1777 with rate able to extend into

recovery to $1.1696 in early Europe (Asia high $1.1694). 38.2% retrace of

$1.1777-1.1650 comes in at $1.1699, which could strengthen any sell interest

placed into $1.1700, a break to expose hourly resistance between $1.1715-30

ahead of $1.1745/50. Support remains at the $1.1650 level with $1.1613(Jul26

low) now seen key to keep upside in focus. US Q2 GDP provides main focus data,

though this morning's Germany State CPI's will provide earlier interest. Saxony

due at 0700GMT, pan-German CPI market median 0.2%mm, 1.5%yy.