EUR-USD extended south to a new three-week lows under 1.0600, leaving a low at 1.0589 before finding some buoyancy. The move coincided with a fresh advance in the dollar’s yield advantage to above 180 bp in the 10-year T-note versus Bund comparison, up from 178-179 bp earlier and from levels nearer 170 bp that were seen earlier in the week. This said the latest wave of selling is more euro driven, with EUR-JPY and EUR-GBP concurrently digging out new lows. EUR-JPY selling curtailed USD-JPY’s upside aspirations, which left the pair sinking to the lower 120.00s.