The Dollar Index is headed towards 105.50 while the Euro has risen above 1.07 and could head towards 1.0750/1.08.
Good Morning! EURJPY, Aussie and Pound have been rising well over the past few sessions and look bullish towards 166, 0.6550/0.66 and 1.2550/1.26 respectively.
trades below the immediate resistance at 155. is bullish towards 7.25 while above 7.24. may remain ranged within 88.50-89.50/90 region. may hold between 83.30-83.50. A break below 83.30, if seen and sustained can take it down to 83.20/10. The US Treasury yields remain stable. They have to sustain above their immediate support and get a strong follow-through rise from here to avoid a fall going forward. It is a wait and watch situation now. The German yields have inched up. The range breakout is sustaining. While this remains intact, a further rise is possible. The 10Yr and 5Yr GoI have come down.
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