Euro Strong Ahead of PMI Release, Dollar Weak as 10-Yr Yield Broke 4%

<p><img width="612" height="421" src="https://www.actionforex.com/wp-content/uploads/2022/02/f-eur192.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2022/02/f-eur192.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/02/f-eur192-600×413.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/02/f-eur192-150×103.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/02/f-eur192-218×150.jpg 218w, https://www.actionforex.com/wp-content/uploads/2022/02/f-eur192-300×206.jpg 300w, https://www.actionforex.com/wp-content/uploads/2022/02/f-eur192-100×70.jpg 100w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Euro is emerging as the strongest currency for the week, bolstered by ECB’s resistance to the expectations of a rate cut. The common currency will now look into today’s Eurozone data. Positive surprises from there could solidify ECB’s stance, and give Euro more fuel to extend recent rise. For now, Japanese Yen followed as the […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/531865-euro-strong-ahead-of-pmi-release-dollar-weak-as-10-yr-yield-broke-4/">Euro Strong Ahead of PMI Release, Dollar Weak as 10-Yr Yield Broke 4%</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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