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EUR/USD back above 1.0800 again after US stocks open in the red

The EUR/USD is back above the 1.0800 handle again just now as the US stock markets open in the red and the Dow Jones underperforms the most of all in early trading. That said the vista looks as volatile as ever out there and with the weekend and month-end looming, it looks set to be another choppy session. There is no doubting the dollar has just come under some renewed pressure just now but the acid test for the EUR/USD will be whether, or not it can extend this move to beyond 1.0830 and then hold that into the close tonight. We shall have to see on that. The EUR/USD is right now at 1.0812

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