Dollar moving higher with new highs vs many of the major currency pairs ...Middle East

THe USD has moved to new highs vs a number of the major currencies. It is not the strongest of the major currencies:Helping is a move higher in rates, but also some better data in the US including continued jobless claims data, existing home sales, and Philly Fed. In the US debt market, rates are back in positive territory after moving lower earlier.2-year yield 4.625%, +2.2 basis points5-year yield 4.253% +1.1 basis points10 year yield 4.272%, +0.2 basis points30-year yield 4.445%, -1.0 basis pointsLooking at some of the major currency pairs:EURUSD: The EURUSD price has not moved below it 100 hour moving average 1.08812 and is about they are testing the 38.2% retracement of the move-up fro

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Last updated : 21 March 2024 clock 05:53 PM

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Dollar moving higher with new highs vs many of the major currency pairs ...Middle East

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