How AI prompting turned writerly description into an everyday skill 
Today’s space race could turn fatal if we don’t agree on new rules 
How Donald Trump has changed the way diplomacy is done 
AI Memory Boom Sparks Global Chip Supply Crunch 
Silver Cracks Key 365-Day EMA for First Time Since Feb 2024; Bears Eye $50 on Rallies 
World Cup technology: from ref cams to AI analysts, cutting-edge research is changing the game 
Sell the Bounce": Gold Rally Stalls Near $4165 as Fed Hawks Slam the Door on Rate Cuts — Targets $4000/$3600 
SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead 
Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat 
Last night Euro was sold off sharply after trading as high as 1.139 and by today morning Euro is trading close to 1.12 against dollar.
- Heavy price swings and latest rally in EUR/USD has been closely associated with rise in bond yields across the yield curve. Last night 10 year bund yield spike to 0.75% same time as Euro hit 1.139 against dollar. However sharp buying in bund during New York session led yield lower closing around 0.581%.
- Latest heavy buying could have come from fundamental buyers as well as European Central Bank, for which higher yield posed as an opportunity to implement monetary policy at higher yield.
- Technically speaking, 10 year bund has produced very long legged hammer candle in daily chart which would keep bund bears in check for now. That makes Euro vulnerable to falling bund yields over the coming days. For today price might pull back to the upside after last night's heavy selloff.
For today, Euro traders would focus on payroll report to be released at 12:30 GMT. Euro is currently trading at 1.121 against dollar.
