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Rising treasury yields undermine EUR/USD run at Mar 1.1052 peak

Source: Thomson Reuters Treasury yields rise & curve steepens, undermining EUR/USD run at late Mar 1.1052 peak US stocks rallying on delayed Fed rate hike hopes, decent ISM Services Liquidity and volumes tight as other m…

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Rising treasury yields undermine EUR/USD run at Mar 1.1052 peak
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Source: Thomson Reuters


  • Treasury yields rise & curve steepens, undermining EUR/USD run at late Mar 1.1052 peak

  • US stocks rallying on delayed Fed rate hike hopes, decent ISM Services

  • Liquidity and volumes tight as other money centers remain closed today 

  • Massive IMM spec shorts in background

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