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*Sep4 Euro-dollar open $1.1859,........>

EURO SUMMARY
EURO SUMMARY: *Sep4 Euro-dollar open $1.1859, range $1.1852 to $1.1890
*Initially dropping to $1.1852 on euro-yen supply, broad-based US dollar
weakness, led by yen, took hold to push the rate to $1.1890
*Consolidation then became the theme, the pair holding a $1.1874-90 range ahead
of the European open
*Initial resistance lies at $1.1900 (38.2% fib $1.1980-$1.1850), while hourly
support is located at $1.1850-52.
*Eurozone July PPI provides the event risk for the session ahead, expectations
are for a rise of 0.1% from -0.1% in June 

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