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EURUSD trades to a new session high

The EURUSD is trading to a new session high as rates continue to move to the downside. The 2 year yield is trading at intraday lows at 3.924% or -5.6 basis points. The 10 year yield is also at new intraday lows at 3.369% -7.0 basis points.Looking at the hourly chart, the price has moved above the swing highs from last Friday's trade between 1.1038 and 1.1044. Earlier today, the price briefly moved above those levels only to back off and retest the 50% midpoint (after the stronger ADP) of the ran... Read More

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Eurusd

Trades

Session

High

Forex

Posted: May 3 2023, 15:01

Author Name: forexlive

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