EUR/USD has another look above 1.14 in Asia today

On Friday the fall back from 1.1473 ( a new high since 2022) in the EUR/USD saw it later drop to 1.1281 just after the European close. The Euro later rebounded and closed in the US at 1.1355. It did fall back into the Asian opening today though and hit a session low at 1.1280. That opening fall seemed to come as the markets eyed the Trump tech climb down on tech tariffs as a positive for the dollar. Well, at least only for a while though, because that move lower was very soon reversed and the Euro later lifted back above 1.14 once more. What is clear in all this; equity market volatility has clearly spread into the FX space, as warned it would some while back. So, the EUR/USD rebounded to 1.1409. However, it has backed off again since then, but so far 1.1350 has capped any fall. The dollar is still in trouble folks and the Euro still has the ball. 1.1214 and 1.1500 look like they are the opposing lines of demarcation today. The EUR/USD is right now at 1.1380