The EUR/USD pair quickly reversed the early European session dip to sub-1.1800 level and jumped to fresh session tops in the past hour. With investors looking past today's mixed German IFO business surveys, persistent US Dollar selling bias helped the pair to build on previous session's recovery move and jump back above 100-day SMA barrier. The USD lost some more ground following some dovish comments by Minneapolis Fed president Neel Kashkari, which to some extent got negated by Dallas Fed president Robert Kaplan's signal for three rate hikes in 2018 and kept a lid on further gains. Currently trading around the 1.1825-30 region, traders would now take cues from today's US housing market data, which along with a key Senate vote on a sweeping tax overhaul bill would drive the pair through NY trading session and possibly in the near-term.