NY opened near 1.0390 after 1.03435 (1-month low) traded on EBS in Asia

Downside beat to Dec. PCE & U of Mich inflation data sank yields US10YT=RR

US$ was sold & DE-US spreads US2DE2=RR tightened; USD/CNH fell to 7.2930

Gold XAU= & equity ESv1 rallies helped keep downward pressure on the US$

EUR/USD rallied above Thursdays high & 5-DMA, traded 1.0445 then dipped

Pair pulled back, neared 1.0425 late, traded up +0.62% in NY's afternoon

Daily RSI diverged, daily bull engulfing formed, may concern shorts

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