Off 0.05% after closing up 0.65% with the USD off 0.6% as UST yields slid

Yield spreads tightened, 10yr bund -5bp 2.204%, 10yr UST -14bp 4.275%

Weakness in the German economy extended with weak IFO business sentiment

ECB's Lane - too tight policy could hurt growth, push inflation below target

German economy needs to show resilience for EUR/USD to sustain a recovery

Charts - conflicting daily momentum studies as 21-day Bollinger bands slip

5, 10 & 21-day moving averages track lower, the bearish setup continues

Thursday's 1.0555 high, then last week's 1.0610 top are the first resistance

Monday's 1.0429 base and then Friday's 1.0331 low are initial supports

1.0475 1.606 BLN and 1.0500 2.093 BLN Nov 26 strikes likely contain in Asia

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