• NY opened near 1.1600 after 1.1620 traded overnight, pair neared 1.1620 early

• Sellers then emerged, 1.1589 traded on the back of firmer USD, US yields

• USD buying abated & yields softened while stocks, silver & gold moved upward

• Oil pulled back from earlier highs to near flat which helped improve risk sentiment

• EUR/USD neared 1.1620 in NY's afternoon, was close to flat on the session

• Techs lean bearish; Monthly RSI falling & pair is below 10-, 21-, 55- & 200-DMAs
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)