EUR/USD Outlook: Extending Rally Fueled by Treasury Yield Slide

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<p>The benchmark US 10-year yield rose above 5%, its highest since July 2007. The significant fluctuation in yields is happening amid increasing geopolitical risks. Traders expect the release of the flash purchasing managers’ index (PMI). Following its impressive climb to a one-month peak against the dollar on Monday, driven by the fall in Treasury yields,…</p>
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