EUR / USD – Diverging Yields, Give Longs Relief

UST yields sink while eurodollar prices rally

German yields remain buoyed while Euribor prices sink

Diverging interest rate path help German-US yield spreads tighten

Improved  risk sentiment drives equities higher & the dollar broadly lower

EUR / USD buyers emerge at 1.2182 (EBS) just ahead of the NY open

EUR / USD climbs despite better than estimated US weekly claims

Pair hits 1.22265 on EBS, some US $ buying  emerges, pair near 1.2210 late

Techs lean bullish, consolidation phase begins, RSIs are rising T

aper talk, inflation doesn’t seem to worrky EUR / USD traders

Source:https://plus.efxdata.com/news/insights

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