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(Corrects the 2-month low to 1.1429 from 1.1426)
• NY opened near 1.1465 after 1.1478 traded overnight, the pair fell in NY trading
• US yield gains drove broad USD buying; USD/CNH held above 6.700
• Gold, silver & stock drops reinforced the broad-based USD buying theme
• EUR/USD hit a 2-month low, hit 1.1429, sat near 1.1435 late, was down -0.26%
• Technicals continue to highlight downside risks for EUR/USD
• Daily, monthly RSIs indicate downward momentum as do the 15-mo Bolli bands
• End of consolidation of drop from Sep. 9 high added to bearish signals
• Pair's hold below slew of DMAs, 61.8% Fib of 1.1325-1.1711
reinforce bearish techs
eurusd

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