• Steady after closing up 0.2% in a volatile session amid Ukraine optimism

• Trump's first big foray into Ukraine diplomacy - speaks to Putin, Zelenskiy

• Rising UST yields on strong CPI, cautious Fed saw EUR retreat from the highs

• Trump says he will sign reciprocal tariffs order soon amid trade war fears

• Should the tariff decision be announced in Asia, expect volatility

• Charts - neutral 5, 10 & 21 DMAs as 21-day Bollinger bands contract

• Net positive daily momentum studies - no significant bias at familiar levels

• Feb 4 1.0272 low, then last week's 2025 1.0125 base are initial support

• 1.0443 high last week, then the Jan 27th 1.0534 top initial resistance

• 1.0340 908mln and 1.0390 834mln, 1.0400 996mln close strikes for Feb 13th
Andy

(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)