EUR/USD Pair Falls as Rising US Treasury Yields Boost Dollar ...Middle East

The EUR/USD pair experienced a sharp decline due to an appreciating US dollar. The exchange rate continued its upward trend from Wednesday into Thursday morning, driven by rising bond yields that triggered a flight to safety among currency traders.Rising bond yields have a significant impact on the dollar. When Treasury yields increase, the dollar becomes more attractive as it is tied to these yields. However, higher yields also raise costs for mortgage payments, corporate debt, and other borrowing in the economy. In summary, while rising yields benefit the US dollar, they can negatively affect economic sentiment and deter investors from riskier assets.In this environment, the greenback stre

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