(Adds "bulls" to headline)

• NY opened near 1.1745 after 1.1719 traded overnight, rally extended in early NY

• Report that Iran sent its latest proposal to the US via Pakistan rallied risk

• USD, US yields , oil , USD/CNH all traded downward

• Gold , stocks silver rallied on upbeat risk sentiment

• EUR/USD hit an 8-session high of 1.1785, sellers then emerged as risk softened

• Pres. Trump said he is imposing tariffs on EU vehicles & isn't satisfied with Iran's proposal

• USD, yields & oil firmed up; EUR/USD neared 1.1730, was near flat late in the session

• Daily gravestone doji formed & daily RSI diverged on the high, are worries for EUR/USD bulls
eurusd


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