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EUR/USD sets fresh session lows as it slips below 1.04

The EUR/USD has just this minute slipped below the 1.04 handle and in the process set a fresh session low at 1.0391. The move lower comes as the USD/JPY continues to press higher and closer to the 157 handle once more. US yields are not much changed but slightly higher than earlier this morning. The drop back in the Euro right now is far from conclusive to very much and give or take the price action is still pivotal around that 1.04 handle. Of course if it were to slide below 1.0335 before the final close of the year tonight that might cast a different light on proceedings. The EUR/USD is right now at 1.0394

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