• Off 0.05%, after closing +0.35% with the USD off 0.4% with lower UST yields

• Following the NATO summit, Trump and Europe at odds over Putin's ambitions

• EU leaders decide whether to back a quick US trade deal or seek better terms

• Russia's ambitions and a US trade deal are key factors for the EU in 2025

• Charts- neutral daily momentum studies, 5, 10 & 21-day moving averages climb

• 21-day Bollinger bands move higher - daily charts retain the topside bias

• Wednesday's 1.1590 low then the 1.1509 21-day moving average initial support

• 1.1745 top yesterday then 1.1909 September 2021 high are the next resistance

• A close below the close 1.1509 21-DMA would end the May/June topside bias

• 1.1650 1.496BLN and 1.1700 888 mln close strikes for June 27th
Andy

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