Solid turnaround for the US dollar today
EUR/USD touched below 1.1900 to hit a modest, fresh low. It's a small retracement after four days of gains last week.
A level to watch in the day ahead is 1.1880, which was the October high and will now act as support.
One of the related markets to watch is the German bund. The yield is down 2 bps to 0.34% today, despite signs of progress on a German coalition.
