EUR/USD is lower as the dollar gains amid a rise in yields.
Portfolio Pulse from Benzinga Newsdesk
The EUR/USD currency pair is trading lower as the US dollar strengthens due to rising yields.
July 18, 2024 | 7:36 pm
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The EUR/USD currency pair is experiencing a decline as the US dollar gains strength, driven by an increase in yields.
The strengthening of the US dollar, driven by rising yields, is causing the EUR/USD currency pair to decline. This is a direct impact on the currency pair, making it highly relevant and important for investors trading in EUR/USD.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100