EUR/USD slides in Asia to test 1.0650 as US Dollar bulls flex EURUSD Currencies Technical Analysis Fed
blowout last Friday has turned the screw on risk sentiment and has given the US Dollar a shot in the arm to 104.31 so far. US Treasury yields have also surged on the back of further hawkish rate repricing, with the two-year yields last hitting 4.679%the high. Markets are now expecting rates to peak just below 5.3% by July.EUR/USD Price Analysis: Bears are putting up their resistances, eye 1.0650
''As illustrated, there have been three days of shorts, old and new, with the latest coming in the last hours on Wall Street.1.0650 is on the bear's radar but given the build-up of shorts, a big squeeze could come into play to end the week and to balance the books:We have a confluence of a closing high here on the daily chart also. Information on these pages contains forward-looking statements that involve risks and uncertainties.
France Dernières Nouvelles, France Actualités
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