A look at the USD vs some of the major currencies as the new day approaches
<p>In the above video, I take a look at the technicals driving some of the major currency pairs vs the USD. </p><p>In trading on Tuesday, the USD moved higher vs all the major currencies helped by rising yields. The 30-year yield moved to the highest level for the year and the highest level going back to November 2022. The 30-year yield is up around 9 basis points on the day. The 10-year yield is up around 7.6 basis points. </p><p>The biggest gainer was the AUDUSD which was pushed lower (higher dollar) after the RBA kept rates unchanged. The AUD was the weakest of the major currencies. </p><p>In the video, I take a look at the:</p><ul><li>EURUSD</li><li>GBPUSD</li><li>USDJPY</li><li>USDCAD</li><li>AUDUSD</li></ul>
This article was written by Greg Michalowski at www.forexlive.com.
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