Surging Treasury Yields Propel Dollar to 10-month High, EUR/USD Breaks Key Support

<p><img width="479" height="359" src="https://www.actionforex.com/wp-content/uploads/2018/05/f-usd70.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2018/05/f-usd70.jpg 479w, https://www.actionforex.com/wp-content/uploads/2018/05/f-usd70-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2018/05/f-usd70-265×198.jpg 265w" sizes="(max-width: 479px) 100vw, 479px" /></p>
<p>Dollar is being the standout performer this week, bolstered significantly by surging US treasury yields. Dollar index, which gauges the greenback against a basket of six major currencies, reached a high not seen since the previous November, breaking 106 mark. Contributing to the bullish momentum, EUR/USD has plunged through a pivotal support level at 1.06, […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/market-overview/520248-surging-treasury-yields-propel-dollar-to-10-month-high-eur-usd-breaks-key-support/">Surging Treasury Yields Propel Dollar to 10-month High, EUR/USD Breaks Key Support</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *