There's a fight going on between commodity and european currencies couple months now. Outcome is a severely wounded usd and a directionless jpy. Week is close to ending, comms won again, but eur has to balance the gbp losses so it's not gonna fall. Generally, as said before, do not expect euro to dive hard unless Aud/Cad/Nzd pullback first.
Winner of the fight today is jpy which moved stealthily behind everyone's back
Winner of the fight today is jpy which moved stealthily behind everyone's back