• +0.05% in Asia after closing up 0.15% with the U.S. dollar off 0.15%

• As war and tariffs fog the outlook, some European central banks trim rates

• EU increasingly resigned to 10% baseline tariff in US trade talks - sources

• Charts - daily momentum studies slip, 10 & 21-day moving averages rise

• 21-day Bollinger bands contract - daily charts retain a modest topside bias

• 1.1435 21-day moving average, then the 1.1372 June 6 base, initial support

• Wednesday's 1.1530 top, then last week's 1.1632 2025 high, first resistance

• A close below 1.1436 21-DMA would end the May/June topside bias

• 1.1450 1.056 BLN, 1.1500 3.234 BLN 1.1520 1.071 BLN close June 20 strikes
Andy

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