EUR/USD Daily Forecast - 19 April

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Thursday, Apr 19 2018

EUR/USD Daily Forecast - 19 April

The Euro is trading lower shortly before the U.S. opening. The Forex pair is being driven lower by rising U.S. Treasury yields. At 0912 GMT, the EUR/USD is trading 1.2362, down 0.0013 or -0.10%.

From fxempire.com, the early trade in June 10-year-Treasury Notes indicates that yields are expected to open higher on Thursday. On Wednesday, U.S. government debt yields rose, with short-term rates hitting multi-year highs. The yield on the benchmark 10-year Treasury note rose 5 basis points to 2.86 percent.

More in this category: « AUD/USD Daily Forecast - 18 April GBP/USD Daily Forecast - 20 April »

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