Yields are helping to give the dollar a boost
10-year Treasury yields continue to stay above the 3% threshold with yields now at the highest level on the day at 3.019%. That’s helping to provide a minor boost to the dollar as it trades at its best levels on the day against the major currencies.
EUR/USD is down to 1.1913, GBP/USD down to 1.3540, and USD/JPY up to 109.93.
Ranges are still relatively minor, but they are pretty decent given the period of the day we are at right now.
Let’s see if European traders will agree with what is going on right now.