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US yields slip again- USD/JPY edges lower as EUR/USD eyes recent highs

The US stock futures are now rising further and Gold is edging towards $2,040 once more. That is being driven by the usual mix of lower US yields and a move towards fresh session lows in the USD/JPY. Set against that backdrop, the EUR/USD is managing to grind higher and close now to its most recent highs at 1.0889. The EUR/USD may yet have a look at the 1.09 handle, but at the same time the vista could change this afternoon, when Powell talks and the JOLTS numbers emerge. The EUR/USD is currently trading at 1.0886 

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