Morning briefing: EUR/USD is expected to regain momentum above 1.1700

The Dollar Index remains bearish below 99.40, with scope to slip towards 98.50 or lower after any near-term test of 99.40. EURUSD is expected to regain momentum above 1.17 and target 1.18 or higher, while Dollar-Yen may rise slowly towards 160 before easing back unless it breaks decisively higher.