|Day's Range||1.392 - 1.4|
|52 Week Range||1.2591 - 1.4377|
Investing.com - The U.S. dollar rose to four-month highs against a basket of the other major currencies on Wednesday, as the yield on the U.S. 10-year bond held above 3% after breaching the level for the first time in four years on Tuesday.
Investing.com - The U.S. dollar rose to seven-week highs against a currency basket on Wednesday, driven by rising Treasury yields with the U.S. 10-year bond yield reaching its highest level since early 2014.
If the pair breaks below further, then it will be negative and will be a massive damage to the overall uptrend. A break above 1.4025 level will probably send this market much higher and will break the negative momentum. The 1.40 level is now acting as a strong support line and if it breaks then it will be a bit difficult for the market to regain positive momentum.
Investing.com – The dollar eased from two-month highs against a basket of major currencies as U.S. bond yields retreated from multi-year highs but sentiment on the greenback remained positive amid upbeat economic data.
Investing.com - The dollar took a breather on Tuesday after rising to seven week highs against a basket of the other major currencies, as a boost from rising Treasury yields faded.
Even after printing the lowest levels in more than seven-weeks, the EURUSD is struggling with 100-day SMA, at 1.2210 now, in order to revisit the 1.2165-55 horizontal-support. Should the pair fails to register a daily closing below 1.2210, it can bounce-back to the 1.2240 and then to the 1.2275-80 resistances. In case if the recovery stretches beyond 1.2280, the 1.2300 and the 50-day SMA level of 1.2330 could challenge the buyers ahead of fueling the pair towards 1.2400 mark. Given the pair’s D1 close below 1.2210, followed by the 1.2155 clearance, it can slump to the 1.2090 and the 1. ...
Investing.com - The dollar was holding steady near seven week highs against a basket of the other major currencies on Tuesday, boosted by rising Treasury yields.
The British pound broke below the 1.40 level during the trading session on Monday and continue to drop from there. The US dollar has shown strength over all, and I think that breaking below the 1.40 level could show that this pair needs to see a bit of support or a bounce underneath.
Investing.com – The dollar rose to an eight-week high against a basket of currencies amid a slump in both the yen and Aussie dollar, while a rise in the 10-year U.S. treasury yield close an important 3% level also lifted sentiment.
The greenback rallied on Monday, notably against the yen, with a key dollar index ascending to a three-month high as a U.S. benchmark Treasury yield was on the cusp of breaking above a psychologically significant level at 3%. The ICE U.S. Dollar Index (IFUS:DX-Y.NYB), which gauges the buck against a basket of six currencies, climbed 0.7% to 90.927, trading around its highest level since mid-January and adding to its positive momentum from late last week. The WSJ U.S. Dollar Index (CALCULATED:BUXX), which measures the greenback against a wider basket of currencies, rose 0.7% to 84.97.
Investing.com - The dollar posted broad gains against a basket of the other major currencies on Monday, hitting seven week highs, boosted by rising U.S. bond yields.
Investing.com - The dollar extended early gains against a currency basket on Monday, rising to one-and-a-half month highs, driven up by a rise in U.S. bond yields, while mixed euro zone private sector survey data failed to support the euro.
The pair dropped significantly during the Friday’s session reaching down towards the 1.22 level as due to rising interest scenarios in the United States and lack of any clear pictures on rate hike by ECB after ending the QE. The market has now broken below 1.23 level, there will be some downward pressure with major support at 1.21 level. …Read MoreGBP/USD
Investing.com - The dollar was holding steady near two week highs against a currency basket on Monday supported by expectations for further interest rate hikes this year, while waning geopolitical risk dampened demand for the safe haven yen.
Asian equities have started the week cautiously and Europe has been tentative early. The U.S Dollar remains strong in the short term.
Investing.com - Investors will be awaiting an update on the health of the U.S. and UK economies this week ahead of Friday’s data on first quarter growth. Monetary policy meetings in the euro zone and Japan will also be in focus.
The British pound initially tried to rally against the US dollar during the week but found enough resistance above the 1.43 level to roll over and fall rather significantly. The 1.40 level of course will offer a bit of support, and I think that if we can break down below that level it’s likely that we will probably go looking towards the uptrend line underneath, and of course the sideways support at the 1.3650 level should also offer support.
The British pound continued to fall on Friday, reaching down towards the 1.40 level for support against the US dollar. This is partly due to Mark Carney suggesting that the Bank of England was a bit more dovish than people thought, and of course raising interest rates in the United States.
The U.S. dollar heads higher against most rival currencies on Friday, helped by U.S. Treasury yields that rose as commodity prices push up inflation expectations.
Investing.com - The dollar surged on Friday, driven higher by a rising yield on U.S. Treasury notes.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was at a two-week high, rising 0.59% to 90.17 by 10:32 AM ET (14:32 GMT)U.S. bond yields crept back up on Friday, with the United States 2-Year note climbing to its highest level since September 2008, at 2.449. The yield on the United States 10-Year Treasury note rose to 2.940.Prices fall as bond yields rise. A spike in U.S. ...