EUR/USD prints three-day downtrend on breaking fortnight-long support.

DXY renews weekly top as yields rally on hawkish Fed, ECB’s Lagarde refrains from following Fed.

Ukraine-led fears ease as Russia again avoids default, Kyiv ready to discuss separation from NATO.

Speeches from ECB, Fed policymakers to join Russia-Ukraine headlines to direct immediate moves. EUR/USD pares intraday losses around 1.1000 amid the early European morning on Tuesday. Even so, the major currency pair holds onto the downside break of the previous support line from March 07 as bond sellers’ aggression propels the US dollar.That said, the US 10-year Treasury yields and the 2-year counterpart both rise to a fresh high since May 2019 while taking the bids near 2.33% and 2.17% respectively level by the press time. Behind the moves are the US Federal Reserve (Fed) policymakers’ hawkish mood and inflation fears.Atlanta Fed President Bostic and Richmond […]

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EUR/USD: Technical break, strong yields hint at 1.0900, ECB’s Lagarde eyed

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