Euro in the spotlight with French, German inflation numbers on the cards ...Middle East

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Euro in the spotlight with French, German inflation numbers on the cards
The dollar has made some decent strides this week but faced a bit of a setback overnight when 10-year Treasury yields were rejected at the 4% mark. That is perhaps a sign that the moves this week have been somewhat corrective only and not quite a change up in the trend from over the last two months - at least not yet.Still, we are seeing the likes of USD/JPY keep a solid rebound with the pair now even pushing above its 200-day moving average of 143.17. That is a big win for dollar bulls but we'll see if the momentum can be kept up if Treasury yields are somewhat capped for the time being.Looking to the European trading session, the euro will come under scrutiny as we have French and German i

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