, US CPI eyed, has dropped significantly lower on Monday. Not only did the price take out $1,675, but it has also made a low of $1,665.77, taking on a key support area as the markets stay on the theme of a hawkish Federal Reserve.
The yield on the 10-year US Treasury bond has made a high of 3.992%, surging in the last hour in what might be the last-ditch effort to breach the psychological 4.00% level having already cleared the prior week's highs. The next target beyond there is last month's high of 4.019%. In turn, the US dollar has reached a high of 113.333 after climbing from a low of 112.621 as per the DXY index which is now holding above both Friday's and last week's highs.
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fx_ross That it I'm. Getting exited