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• NY opened near 1.1405 after 1.1439 traded overnight, the pair's slide extended
• Risk-off sentiment had investors seeking out the safety of the USD
• Gold , silver & equities fell to reinforce the bid for USD
• EUR/JPY drop toward 183.80, USD/CNH rally contributed to EUR/USD's fall
• EUR/USD hit a 1-year low of 1.1375, traded down -0.43% in NY's afternoon
• Bearish signs increased after neckline of head & shoulders on monthly chart broke
• Falling daily, monthly RSIs & pair's hold below 10- &
21-DMAs reinforced bear signs
eurusd

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