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EURUSD trades to a new session high as yields tumble
The EURUSD is moving to a new session high as US yields tumble on financial institution concerns. The two year yield is now down to -24 basis points at 4.659%. The high-yield this week reach 5.085%.
For the EURUSD, the payer is moving up to test a key swing area between 1.0653 and 1.06685 (see red numbered circles). A move above that level would have traders targeting the highs from early this weekend last week between 1.06920 and 1.0694.
Helping the bullish bias was the correcti... Read More
Posted: Mar 10 2023, 14:35
Author Name: forexlive
Views: 110689
