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EUR/USD falls further below 1.0800 as dollar extends gains versus the Yen
The dollar is higher right now. The USD/JPY has pushed above 153.75 and the EUR/USD has fallen below1.0775. Both moves come as those US treasury yields continue to press higher. The 10 Year note is now 4.32%. It might seem like small margins in terms of further yield gains, but these days it is enough to make a difference in terms of short-term trading. The Dow Jones futures are lower again right now and that is seemingly all part of the same trade, but of course the ball was already rolling lower there, before the dollar pushed to fresh session highs. The EUR/USD is trading right now at 1.0773
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