• EUR/USD losses traction, as sellers are eyeing 1.0800.
• US New York Empire State Manufacturing Index climbed for the first time in five months.
• EUR/USD Price Analysis: Could register a pullback in the near term before resuming upwards.

EUR/USD losses traction on technical reasons and on a stronger US Dollar (USD, as speculations that the US Federal Reserve (Fed) would hike rates in May, gains adepts. US Treasury bond yields rose; consequently, bonds dropped, a tailwind for the buck. At the time of writing, the EUR/USD is trading at 1.0911 after hitting a YTD high at 1.1075.