EUR/USD slide last night clings to 2024 low

The charge higher in the US dollar last night was covered here in a series of updates and of course it was all about the shift from the Fed in terms of monetary policy going forward. The rush to buy the US currency sent the EUR/USD down to a low at 1.0344. That was just 9 pips above the November 22 low (and 2024 low), at 1.0335. The Euro later closed in the US at 1.0353. It has managed to rebound a bit more so far today, but not yet to reclaim the 1.04 handle. Right now it probably looks like a question of how far and how long this current attempt to rebound will last, before another push on the downside kicks in. The range seen so far today has been covered by 1.0348 to 1.0391. The EUR/USD is currently trading at 1.0385