EUR/USD reclaims 1.13 in Asian trading

Yesterday afternoon an update here noted the potential for the EUR/USD to fall below the earlier session low, at 1.1288. Well, that is exactly what it did leading into the 4pm London fix. That led to a low at 1.1266. The Euro later closed in the US at 1.1290. Earlier this morning it tried the downside again, but stalled at 1.1274 and it has since rebounded back to 1.1316. The price action is cautious and comes as the markets await the US monthly jobs report later today. Of course this report is important, but under the current circumstances perhaps even more so than usual. There will be lots to add about all that over the course of the morning. The EUR/USD is currently trading at 1.1305