EUR/USD Grasps Some Air, Ready To Dive Under 1.17 For Multiple Reasons
March 31, 2021 at 06:07 AM EDT
US ten-year yields have retreated from their new cycle highs of 1.77% toward 1.70%, allowing the dollar to edge down from its highs. Some bargain-seekers have piled into Treasuries ahead of President Joe Biden’s critical speech.