• NY opened near 1.1355 after 1.1329 traded overnight, pair rallied early

• Below estimate US Aug. PCE drove the US dollar, yields

lower

• 1.1380 traded after the report but the rally was then reversed

• USD, yields turned up and USD/CNH turned positive

• Gold, silver erased the post-PCE gains & stocks eroded some gains

• EUR/USD turned lower, hit 1.1333 in NY's afternoon, traded down -0.03%

• Daily inverted hammer candle and daily, monthly RSIs are bearish influences

• Pair's hold below the 10-DMA, widening & falling Bolli bands add to bear signs
eurusd

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