• USD buying, firm US yields sent EUR/USD down to a 1-1/2-month low overnight

• Oil gains & USD/CNH's rally to 6.8216 added weight, EUR/USD fell to 1.1608

• Buyers emerged however as USD selling took hold in Europe's morning

• USD came under further bear pressure due to gold, silver rallies & stocks bounce of the lows

• EUR/USD hit 1.1646 then neared 1.1630 in early NY, pair was up +0.05% in early action

• Daily RSI diverged on the low, daily doji formed, those could be warnings for EUR/USD bears
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)