• NY opened near 1.1440 after 1.1406 traded on EBS overnight, pair dipped early

• Dip was bought however as US yields , US$ traded downward

• Below estimate May CPI weighed down yields, US$ which rallied EUR/USD

• Tighter spreads helped lift EUR/USD, 1.14965 traded

• Pair hit a 2-month high and traded up +0.58% late which had techs lean bullish

• Rising RSIs, 10-DMA support, rally following May doji are bull signals

• US weekly jobless claims, May PPI are data risks in the US Thursday
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)