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The strong close on Friday in New.......>

EURO-DOLLAR
EURO-DOLLAR: The strong close on Friday in New York has encouraged demand from
Asia Investors, the pair edging a little higher to $1.1742. Further range
trading with a mild upside tilt seems likely ahead of the European open and
release of German Industrial Production (0600GMT) for August. In option space,
expiries for today at $1.1700(E1.56bn) and $1.1765(E1.08bn) should act to
contain the near term range. Hourly resistance from Oct5 is located at
$1.1745-50, a break opens $1.1779 (Oct5 high). Euro was last at $1.1740

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