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Dollar slips ahead of European opening as EUR/USD edges off lows

Yesterday the EUR/USD was not able to bounce much into the US close, after it had fallen back from an earlier high at 1.0668, to as low as 1.0611 in late European trading. It later closed in the US at 1.0622. The range seen so far today has been pretty tight, with 1.0615 to 1.0634 covering it so far. The Euro is right now at the top end of that range as the dollar comes under a bit more scrutiny once more, with no material rebound in US yields so far this morning. Later today the US monthly jobs report could decide, if the EUR/USD will continue the current recovery, or the dollar can snap its recent losses. That is due out at 12.30pm GMT. The EUR/USD is just now trading at 1.0632

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