The USD is moving higher. Looking at the dollar index (DXY) the price is testing the 200 day MA at 103.79. The price moved above that level on Friday reaching a high of 103.88, before failing and rotating lower. The high has just extended to 103.803. Get and stay above, and the door opens for more upside momentum. On the top side, the 61.8% retracement of the move down from the 2024 high to the 2024 low comes in at 104.074. That would be the next key target.Yields are moving higher which is helping the USD move higher. Looking at the yield curve:2 year yield is back above 4% at 4.023%, up 7.0 basis points5 year yield is at 3.961%, 8.4 basis points10 year yield is at 4.160%, 8.6 basis point
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