USD moves to 4-week high. Spike in yields continue with 10 year back above 200 day MA

The USD is trading to a new four-week high helped by rising yields. The 10-year yield has moved back above its 100 day moving average at 4.173%. The next key target comes against the January highs near 4.20% (I take a technical look at the 10 year yield in the video).

In this video, I also take a look at the technicals driving the:

  • USDCHF (stretches toward its 2024 high at 0.87277),
  • USDJPY (back up testing and breaking above 2024 highs), and the
  • AUDUSD (breaking below the 61.8% retracement of the move up from the October low at 0.6500)

This article was written by Greg Michalowski at Source