XE Market Analysis: Europe – Apr 09, 2021

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The dollar has steadied after printing fresh lows yesterday, which has been concomitant with the 10-year U.S. Treasury yield lifting back above 1.650% after yesterday posting a two-week low just under the 1.630% mark. The DXY dollar index has lifted to around 90.30 from the 17-day low that was logged at 92.0. EUR-USD has concurrently ebbed back under 1.1900 from a 17-day peak at 1.1928, while USD-JPY has recouped to the mid 109.00s from a 15-day low at 109.00. Cable, meanwhile, has dropped to a new two-week low at 1.3671.