The euro is under pressure today after touching a two-month high on Friday.EUR/USD is down 18 pips to 1.0919 and near a session low. The selling comes in a broader US dollar rally that's being helped by poor risk appetite and a tick higher in Treasury yields.On Friday, the euro rose after the softer non-farm payrolls report but it couldn't crack 1.10 and midway through the day it reversed lower as risk appetite fell led by profit taking in Nvidia.I wouldn't take too much from today's trading ahead of tomorrow's US CPI report. That's going to be the pivotal event for the market this week. This article was written by Adam Button at www.forexlive.com.
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