EUR/USD falls to session low as sellers wrestle back some near-term control 0 (0)

EUR/USD falls below 1.1800 to a session low of 1.1780
The pair is slipping to fresh lows on the session as we see EUR/GBP also move lower to test 0.8900, past its 200-day moving average @ 0.8920. The euro is struggling to find some footing on the session now after holding above its 100-hour MA (red

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USD/JPY pares early losses, trades towards the highs for the day 0 (0)

USD/JPY turns around a decline below 105.00 to move towards 105.40 now
The yen is back down to a session low as yields climb, helping to underpin USD/JPY to the highs for the day close to 105.40 currently. 10-year Treasury yields are up by over 2 bps to 0.94% after a nudge towards 0.95% moments ago.

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Pfizer vaccine study shows that it prevents 90% of coronavirus infections 0 (0)

Equities get another jump on the headlines
– Experimental vaccine found to be over 90% effective in preventing COVID-19
– No serious safety concerns have been identified as of first interim analysis
S&P 500 futures just hit a record high and are up by over 2% now with USD/JPY rising to a session high of 103.92 and closing

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