• NY opened near 1.1700 after 1.1722 traded overnight, slide extended in NY

• USD buys, firmer yields , wider spreads

weighed

• Those moves ensued after April retail sales, weekly jobless claims reports

• Gold and silver turned lower and USD/CNH rallied off its session low

• EUR/USD fell below the 200-DMA & May 5 daily low, the pair traded 1.1671

• 10-session low hit, pair then bounced slightly, neared 1.1675, was down -0.31% late

• Techs lean bearish; RSIs falling, 15-mo Bollis contracting, monthly inverted hammer in place
eurusd


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