*Sep14 Euro-dollar open $1.1885,.......>

EURO SUMMARY: *Sep14 Euro-dollar open $1.1885, range $1.1871 to $1.1894

*Euro opened in Asia toward the lower side of yesterday's $1.1873 to $1.1995

range, where increased optimism over US Tax reform lifted both the dollar and

UST yields.

*Rising initially to $1.1894, the stronger dollar theme set in to see the Euro

print a fresh low of $1.1871.

*Recoveries were held to $1.1885 and heading towards the European open trades at

$1.1973

*Option expiries for today include; $1.1810-20(E1.02bn), $1.1900(E1.1bn) and 

$1.2000(E1.1bn)

*French and Italian CPI provide the initial event risks for the session ahead,

which includes BoE's policy decision and US CPI