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EUR/USD: European open 1.1929, range...>

EURO SUMMARY
EURO SUMMARY: EUR/USD: European open 1.1929, range $1.1926 - $1.1947, NY open
$1.1937, range $1.1933-1.1959
*EUR/USD pulled back slightly from European morning highs of $1.1947
heading into the NY crossover but held firm as the DXY index approaches November
lows.
*Pressure on the dollar continued across the board, although volumes
and flows were light, the pair grinded higher, printing a fresh session highs of
$1.1951.
*After printing fresh session highs of $1.1951, we saw pressure on the pair at
the London 4 PM WMR, with the rate dropping below
$1.1940. As the fix ended the rate pared its losses and headed back towards
$1.1950.
*A fresh wave of pressure on the dollar as commodities rallied once
again, with the rate grinding to a new intra-day high of $1.1959.

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