EUR/USD floats above 1.1300 as USD ignores firmer yields, German Inflation, US PMI eyed By anilpanchal7 EURUSD PMI Inflation Fed YieldCurve
US Treasury yields rise to April 2021 levels, German Bund coupons refresh two-month high.
Latvian central bank governor and ECB governing council member Martins Kazaks said on Wednesday that the ECB is ready to raise rates and cut stimulus if needed. Given the strong US ADP Employment Change for December, 804K versus 400K expected, statements from the Fed Minutes like, “conditions for a rate hike could be met relatively soon if the recent pace of labor market improvements continues” also propelled the US bond coupons.
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