EUR/USD moves back up to near 1.1350 after hitting a low of 1.1317 earlier
Of note, price is moving back up to test the 200-hour MA (blue line) as buyers are looking to contest for near-term control in the pair again. The dollar's advance is being pegged back here as Treasury yields inch towards flat levels on the day, with bond traders growing more unsure of how optimistic markets really should be.
US 10-year yields are only up by 0.9 bps now to 2.013% after having been up by 4 bps earlier in the session. 2-year yields are almost flat at around 1.758% currently.
Equities sentiment may still be holding up for now but it's only a matter of time before things start to switch around again I reckon, if the bond market is anything to go by.
