The dollar picked up from correction lows, remaining underpinned after concomitantly posting trend highs yesterday after the 10-year T-note finally touched the 3.0% level first time here since early 2017. The narrow trade-weighted index (DXY) recouped to near 91.0 and yesterday’s trend high at 91.07, a level last seen in the first week of January. EUR-USD drifted back toward the 1.2200 level, although so far leaving yesterday’s three-month low at 1.2181.
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