EURUSD Technical Analysis – New highs in Treasury yields boost the USD ...Middle East

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EURUSD Technical Analysis – New highs in Treasury yields boost the USD
Fundamental OverviewThe lack of catalysts recently kept the US Dollar supported across the board despite the slowdown in momentum. The market might now be looking forward to the first weeks of November when we will get the key economic data, the FOMC decision and the US elections.There’s been also a good argument that the markets are already positioning for a Trump victory and that should translate in USD strength as it should appreciate on higher growth and less rate cuts expectations. Nevertheless, not all markets have been in sync with this view.On the EUR side, the ECB last week cut interest rates by 25 bps as expected but didn’t offer anything new in terms of forward guidance as the cen

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