EUR/USD rallied slightly in Europe, NY opened near 1.0900

Pair rallied to 1.0920 on EBS immediately after US weekly claims

Gains quickly eroded however & an IMF report helped sour risk

Yields US2YT=RR, stocks ESv1, commodities XAU= fell

Jump in claims & IMF stoked investors concerns of slower growth

US$ bought on flight to safety, EUR/USD fell to 1.0886 on EBS

Risk improved after Europe's close; USD/CNH turned -ve, stocks gained

EUR/USD rallied into positive territory, hit 1.09375 on EBS

Techs are bullish; RSIs rising, pair above 10-DMA, consolidation in place

US March employment report is a key risk for Friday

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