The 10 year yield is now down -7.3 basis points at 4.357%. The 30 year is down -8.1 basis points at 4.918%. Last week recall the 30 year traded as high as 5.07%.

The decline in yields is helping to continue to push the US dollar lower.

EURUSD: The EURUSD is pushing higher, trading above and extending away from its 200-hour moving average, currently at 1.16567. The bullish momentum is bringing the pair closer to a key swing area near 1.1691—a level that served as a pivotal pivot point between April and November 2021, when the pair oscillated around it before initiating a major decline toward 0.9535. After reclaiming that area on June 26, EURUSD briefly fell back below it last week. Now, buyers face a critical test: can they not only reach but hold above the 1.1691 swing area to solidify bullish control?

EURUSD
EURUSD technicals

...more to come

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Source: Forex Live