The Dollar has come under pressure, led by broad Euro gains following a set of bullish data leads out of the Eurozone, along with USD-JPY declines as the Yen picked up safe haven demand as stock markets in Europe and Asia sputtered. Disappointing manufacturing PMI data out of China, along with earning misses from Samsung and Alphabet, outweighed Eurozone data on the bull-bear scales. USD-JPY dropped to a three-week low at 111.35 while EUR-JPY and other Yen crosses also declined. EUR-USD punched back above 1.1200, posting a six-day high at 1.1216 so far.
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