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EUR/USD falls below 1.0800 as USD/JPY rebounds
The EUR/USD has just dipped below the 1.0800 handle for the first time today and that fall comes after hours of it struggling and failing to get any topside traction, after it stalled at 1.0849 much earlier today. The more recent rebound in the USD/JPY, back above 149.75 just now looks like the immediate catalyst for this fall, to session lows a moment ago, at 1.0796. The other thing to consider here, is the possibility that last minute, month-end demand for the dollar has been the driver behind the moves in both pairs. The EUR/USD is right now at 1.0805
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