The Dollar weakened against the major currencies overnight due to market positioning and technically driven trade. Data released overnight had little impact on the dollar. The US ISM services index of business activity eased from 60.0 to 58.5 in November but readings for new orders and employment rose in the month. Economists had expected the ISM index to ease to 59.0. Any reading above 50.0 indicates expansion in the services sector. In the States later today sees the release of factory orders. Given the sharp rebound in durable goods orders reported in the past week means that the gain in factory orders should also be impressive, now forecast to be up about 2.5% in October.
The Euro strengthened from 1.1687 to 1.1818, before closing at 1.1795 in the New York session. The market was positioned short Euro and stop losses were triggered above 1.1780. The Eurozone services PMI rose to 55.2 in November from 54.9 in October. The French and German PMIs both fell moderately, while the Italian index rose. Also in the Eurozone, retail trade rose 0.5% in October, in line with expectations, However, downward revisions to previous months meant that annual growth rose 0.4%, compared to the expected 1.0%.

My technical strategies ,Euro continues to trade in a volatile 1.1650 to 1.1850 range. The lack of follow-through on both ends has the market perplexed. A decisive break of 1.1680 would signal a test of the downside towards 1.1586, the 38.2% retracement of the broad 0.8227 to 0.3663 advance. A decisive break of the congestion zone at 1.1903 (Oct 3 low) to 1.1907 (50% retracement of 1.2170 to 1.1644) is required to put doubt in the ability of the short-term bear trend''s ability to eventually post a new trend low.
Have a nice trading day bro