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• NY opened near 1.1400 and fell below 1.1390 early but buyers then emerged
• Pair broke 1.1405 despite firmer US yields , wider spreads
• Rally intensified as the USD was sold during the fix & EUR/JPY rallied to 185.84
• Gains in gold, silver, equities & the drop in USD/CNH helped fuel EUR/USD's lift
• The pair hit 1.1437 then neared 1.1425 late, the pair was near flat late in the day
• Daily long legged doji formed, suggests EUR/USD bears are
losing strength
eurusd

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