• NY opened near 1.1350 after 1.1280 traded on EBS overnight, wild price swings early

• President Trump's tariff threats to the EU and Apple iPhones drove the move

• EUR/USD spiked up to 1.137525 on the Apple headline, hit 1.1299 after the EU headline

• Buyers emerged however as US assets and the dollar came under bearish pressure

• Yields , stocks & USD/CNH fell while gold

rallied

• EUR/USD neared 1.1360 as US$ remained heavy, p[air traded up +0.71% late in the day

• Techs lean bullish; RSIs rising, pair above 5- & 21-DMAs, 1.1280/1.1300 support zone
eurusd


(Christopher Romano is a Reuters market analyst. The views expressed are his own)