• NY opened near 1.1415 after 1.1341 traded on EBS overnight, pair dipped early

• 1.1400 was neared but buyers emerged after downbeat US May ISM mfg PMI

• US yields softened which helped the US$ extend its overnight slide

• Gold rallied above $3379.00 & German-US spreads
tightened

• EUR/USD rallied to 1.1449 but then stalled; sellers emerged however

• US yields, US$ firmed & stocks turned positive; USD/CNH turned positive

• EUR/USD dipped below 1.1420, pair traded up +0.61% in NY's afternoon

• Rising RSIs, hold above daily cloud top & up trend off Feb. low are bull signals

• EZ May HICP & US April JOLTS reports are data risks Tuesday
eurusd


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