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• 1.1213 traded overnight, sellers emerged & EUR/USD then turned lower
• US & French yield gains weighed on EUR/USD
• The US yield gains helped drive USD buying which sank EUR/USD
• Rallies in oil , USD/CNH & drops in equities, silver added weight
• EUR/USD hit 1.1174 in early NY action, it traded down -0.18%
• Techs are bearish; RSIs falling, consolidation of drop from Sep. 25 high persists
• Widening Bolli bands, pair's hold below the 10-DMA reinforce bearish techs
• US jobless claims, US Treasury 30-year auction are risks
in NY
eurusd

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