USD gains strength, EURUSD and GBPUSD hit new lows as yields rise ...Middle East

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USD gains strength, EURUSD and GBPUSD hit new lows as yields rise
The USD is moving higher. Higher yields are helping with the tenure now up 10 basis points at 4.543%. The two-year is up 9.7 basis points at 4.913%EURUSD: The EURUSD is trading to new session lows and in the process moving away from its 50% midpoint 1.08613. I outlined this level in the morning kickstart video (click here). Sellers successfully leaned against that midpoint level and in the last few minutes have pushed the price to new session lows. The current price is trading at 1.08345. On the downside, the 200-day moving average comes in at 1.0803. The 100-day moving average comes in at 1.07912. Those levels should provide support for any further downside momentum. I would expect the buye

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