EUR/USD Price Analysis: Dollar Hits 10-Month Top as Yields Soar

<div><img width="863" height="485" src="https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_3-5.png" class="type:primaryImage wp-post-image" alt="AUD/USD forecast" decoding="async" style="margin-bottom: 15px;" srcset="https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_3-5.png 863w, https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_3-5-300×169.png 300w, https://www.forexcrunch.com/wp-content/uploads/2021/07/Screenshot_3-5-150×84.png 150w" sizes="(max-width: 863px) 100vw, 863px" /></div>
<p>The US dollar reached a fresh 10-month high due to a significant surge in US bond yields. The European Central Bank’s record high deposit rate might help cut inflation to 2%. Investors see a slight chance of an ECB rate cut by June next year. The current EUR/USD price analysis indicates a bearish outlook, as…</p>
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