EUR/USD rallied to 1.1004 on EBS in early NY then fell to a 3-session low

US July PPI was above estimates but some of June's PPI was revised downward

US$, US yields US2YT=RR rallied sharply, EUR/USD fell below the 10-DMA

EUR/USD bounced on U of Michigan; expectations & inflation outlooks dropped

Bounce was sold into however as US$ and yields remained buoyant

Equity ESv1 drop, USD/CNH rally to 7.2621 drove investors to safer assets

EUR/USD fell toward the 55-DMA, top of t-l off July 18 high, hit 1.09455

Pair held most of the session's losses, traded down -0.29% late in the day

Techs are mixed; RSIs falling but pair above 55-DMA & daily cloud

For more click on FXBUZ