Rate touched an early Asia high of......>

EURO-DOLLAR: Rate touched an early Asia high of $1.1086 before it came under

sell pressure. Asian traders linked move lower to a rush into NZD following

reported comments from RBNZ Gov Orr, sales of EUR/NZD noted as EUR/USD came

under pressure. Rate broke below Thursday's low of $1.1064 to $1.1061 before it

edged back, meeting resistance at $1.1070. Asian traders have noted EUR put

option expiries amounting to E2.49bln are positioned from $1.1050 through to

$1.1020(most concentrated at $1.1050) are due to roll off at Monday's NY cut and

suggest that protective buying ahead could be acting to keep rate buoyed.

Resistance now seen at $1.1090-1.1100 ahead of stronger interest at $1.1113/14.

- ECB Coeure, Lane and Lautenschlager attend Jackson Hole Symposium though

overshadowed by Fed Powell appearance there at 1400GMT. US New Home Sales also

due for release at 1400GMT with St Louis and NY Fed GDP Nowcast outlooks

released at 1500GMT and 1515GMT respectively.