• NY opened near 1.1605 after 1.1570 traded overnight, rally extended early NY

• USD, US yields fell sharply after US Treasury liquidity support news

• EUR/USD spiked upward as risk-on sentiment dominated early trading

• Gold, silver, stock rallied sharply while USD/CNH fell below 6.7280

• EUR/USD rallied above the 200-DMA, hit a 2-1/2-month high of 1.1677

• USD & yields firmed in NY's afternoon, EUR/USD neared 1.1660 into the Fed minutes

• The USD softened a bit after the Fed minutes, EUR/USD neared 1.1670, was up +0.79% late

• Techs lean bullish; RSIs indicate bull momentum, pair above 200-DMA & June monthly high
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)