The US Dollar remains steady near the 93 mark and the US 10-year yield is little changed at about the 0.66% handle. So are the EURUSD and GBPUSD, where the fluctuations are almost fully driven by the US dollar appetite. The EURUSD tested 1.1780 on the downside but rebounded past the 1.18 mark on Tuesday. Released this morning, the German final GDP data confirmed a 9.7% decline in the second quarter output, a stone’s throw better than the 10.1% contraction penciled in by analysts. The Euro gave a positive kneejerk reaction, but the optimism on data didn't last. As the rapidly surging coronavirus cases especially in southern European nations, could be a turn-off for traders betting on a relatively faster European recovery story, we could soon see a more sustainable pullback in euro versus the greenback. Germany issued a travel warning against unnecessary travels to France's Ile-de-France and Cote d-Azur regions due to rthe rapidly spreading new cases. The next target for the euro bears s