Reversed away from a pre NY high of.....>

EURO-DOLLAR: Reversed away from a pre NY high of $1.1144 Thursday to a low of

$1.1107 before rate bounced back to $1.1131 through the London fix, closing the

day around $1.1122. Early Asian trade was restricted to $1.1120/25, pressed to a

low of $1.1114 after the Tokyo open with recovery efforts capped at $1.1120. A

fairly slow overnight session, the approaching festive season affecting

interest/liquidity. 

- Germany Gfk Consumer Confidence at 0700GMT(actual 9.6 vs forecast 9.8, 9.7

last), France Consumer Spending, PPI at 0745GMT, EU Current Account 0900GMT

along with Italy Confidence data. US Q3 GDP(3rd read) at 1330GMT, UofM, PCE at

1500GMT. 

- Support $1.1110/00, $1.1080/70. Resistance $1.1125/30, $1.1144/50. 

- Option expiries noted between $1.1140/50 totalling E3.9bln(E2.71bln EUR calls)