Euro weakens and retreats across the board during the American session.
EUR/USD unable to move off monthly lows, flat for the day near 1.1100.
The EUR/USD pair peaked at 1.1117, the highest level since Friday but it turned to the downside after the beginning of the American session. Recently dropped to 1.1088 and as of writing, it trades at 1.1095, at the same level it closed on Monday.
The move lower took place even as the greenback holds to losses versus the pound and extends the slide against the yen. US yields are falling with the 10-year at 1.76%, the lowest since January 7. The DXY is falling modestly as it stands at 97.50. Overall, price action remains limited even as Wall Street returns to normality after yesterday’s holiday