• EUR/USD fell to 1.1651 overnight, buyers emerged, pair turned up on the session

• 1.1680 then traded, NY opened near 1.1675, pair was up +0.11% in early NY

• Overall US$ weakness, US yield softness helped lift EUR/USD

• EUR/JPY rally to 185.66, rally in gold also helped to underpin EUR/USD's rally

• EUR/USD gained despite rise in oil prices and a drop in equities

• The pair held near the converging 200- and 55-DMAs

• Rising daily, monthly RSIs indicate upward momentum is in place

• US weekly, continuing jobless claims are data risks in NY's morning

• Situation with Iran will continue to have the attention of investors
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)