EUR/USD remains under pressure in the sub-1.1300 area By pabspiovano EURUSD Currencies Majors
Higher yields support another bullish move in the dollar.The European currency remains under pressure and dragsEUR/USD weaker on US yields, wait for data
Indeed, the dollar regained upside momentum in response to the acute rebound in US yields across the curve, where the 10y benchmark note manages to approach the 1.70% barrier and the 30y bond trades well above the 2.00% yardstick.expanded at a monthly 0.6% in November and contracted 0.2% over the last twelve months, while the Unemployment Change dropped by 23K people and the jobless rate ticked lower to 5.2, all for the month of December.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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