Price moves above a 1.09507 to 1.09799 area (and 38.2% retracement at 1.09621) The EURUSD has extended to a new session high at 1.09891. In the process, the pair just moved above the 38.2% at 1.09621
Christine Lagarde hinted at the possibility of raising interest rates in 2022. Thus, the divergence between the Fed’s and the ECB’s monetary policies is narrowing, and the EURUSD bulls should go ahead
<p>Yen is trading as the worst performing today so far, as pressured by surge in US treasury yields. In particular, 10-year yield is above 0.68 handle in pre-markets and could even challenge 0.7
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