US dollar takes a leap of faith

Quick pops in USD pairs

USDJPY jumps to 114.22, with the crosses following suit. Cable drops top 1.2625 and the euro to 1.0717.

No news I can see right now.

One culprit might be Treasury yields which have jumped nearly 2bp over the last few minutes or so. 10's give you 2.55% right now.

There's nothing on Trump's twitter ;-)

Best in 2026

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