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The US 10 year note is now back above 4.45% and that is driving the USD/JPY even higher just now. The dollar has pushed above 152.90 a short while ago. That in turn continues to add pressure on the EUR/USD and even more so on the GBP/USD. That pair has now fallen, to set fresh session lows underneath 1.2440. This has added a little more traction to the EUR/GBP, which is now approaching session highs, at 0.8330. The dollar index (USDX) has consequently has risen above the 108 handle. This whole dynamic is also weighing on Gold a bit more too as the metal falls below $2,850 earlier. It is off that low now though. The USD/JPY is currently trading at 152.79
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