EUR/USD pulled lower by stronger US dollar ...Middle East

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EUR/USD pulled lower by stronger US dollar
The US dollar climbed broadly higher after initial jobless claims fell in the latest week. Claims at 233K were below the 240K expected and the one-year high of 250K last week.In response to the report, EUR/USD fell to 1.0900 from 1.0930.The drop in the pair challenges this week's lows and I would expect further selling if 1.0890 breaks.That said, eyes are on the bond market with yields ticking higher again today. US 2-year yields are up 6.8 bps to 4.07% in a big bounce form as low as 3.84% in the aftermath of non-farm payrolls.Given the variability of initial jobless claims, the 30 pip jump in the dollar across the board is a big one and highlights how sensitive the market is right now to ec

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