• EUR/USD fell 1.3% from Tue's 1.0955 high amid building risk-off sentiment

• ECB & BoE join the Fed in citing increasing uncertainty on economic outlooks

• Euphoria over the passing of Germany's spending package continues to fade

• EUR consolidating, but will require renewed USD weakness to extend rally

• Euro zone consumer confidence due Fri (Reuters poll -13.0, prior -13.6)

• Range 1.081475-1.0917, support 1.0805 1.0765, resistance 1.0955
EUR mng

(James Connell is a Reuters market analyst. The views expressed are his own.)