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• EUR/USD hit 1.1676 overnight, sellers emerged and the pair turned lower
• Sharp gains in US yields , rates weighed on the pair
• US interest rate gains drove USD broadly higher; UDS/CNH rallied above 6.8140
• Wider US-German 2-year spread contributed to EUR/USD's fall
• Drops in gold , silver & stocks added to the USD dollar's bid
• EUR/USD hit a 1-1/2-month low of 1.1617 then bounced slightly
• Some early NY USD selling lifted EUR/USD towards 1.1645, pair traded down -0.21%
• Falling RSIs, move below 55-DMA, monthly inverted hammer
are bearish tech signs
eurusd

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