EUR/USD still reeling so far today

As covered here at the time, the EUR/USD jumped higher on Friday afternoon, immediately after the release of the US August jobs report. That delivered a high at 1.1155, but as US stocks later fell, the EUR/JPY was upended by a degree of risk aversion and Fed comments that seemed to pour cold water on the outlook for a greater than 0.25% rate reduction next week. So, the EUR/USD fell back below the 1.11 handle and remained below that into the weekly close, at 1.1084. There has been no rebound of note whatsoever today either and if anything the pressure has so far been in the other direction. The range seen has been covered by 1.1068 to 1.1091 and the Euro is not much above that session low just now, currently trading at 1.1071