(Corrects typo in headline)

• NY opened near 1.1775 after EUR/UD traded a tight range in Asia & Europe's morning

• US$ selling emerged in early NY, USD/CNH slid away from its 6.8225 session high

• Stocks rallied and gold, silver traded upward in early NY which added weight on US$

• EUR/USD rallied above the daily cloud top, hit 1.1808 but bulls ran out of gas

• US$ firmed up as yields & oil traded up and gold turned downward again

• EUR/USD slid below the cloud top, neared 1.1795 late, traded near flat in NY's afternoon

• Daily doji formed, daily RSI near overbought suggests pair may consolidate recent gains

• US jobless claims, March industrial production are data risks in NY Thursday
eurusd


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