10 AM expiration
The data and comments have been EURUSD bearish but maybe that is all priced in. Plus we still have that ubiquitous option expiration at 10 AM (4bln at 1.0600 strike). That seems to be exerting a pull on the price as it moved to new trading lows (at 1.0578), but has rebounded back higher toward the strike level.
EURUSD pull from the option expiration keeps the price close to the strike
