Rate saw a high of $1.1409 in early.....>

EURO-DOLLAR: Rate saw a high of $1.1409 in early NY Thursday but was already

easing lower into the London fix before it extended the corrective pullback to

$1.1348 as markets reacted to comment from US Mnuchin that more sanctions on

Turkey were being prepared if US pastor not released. Rate settled back around

$1.1375 into the close. Consolidation in early Asia saw rate trade within a

tight range of $1.1367-78 before it was given a lift by the lower than forecast

PBOC Cny fix. Asian equity markets mainly moved into positive territory which in

turn boosted risk and allowed EUR/USD to edge up to $1.1389 before it settled

around $1.1380 into Europe. Asian traders have suggested that support remains at

and below Thursday's low of $1.1336, with any move back above $1.1400 expected

to meet decent resistance. EU Current Account at 0800GMT, final HICP at 0900GMT

provides data interest thuis morning, though not expected to be market moving.

EM developments remain key market movers.