USD is moving higher as yields move higher, stocks lower and oil higher
Treasury yields climbed, with both the 2-year and 10-year yields rising 5–6 basis points, and oil prices surged nearly 5%, the U.S. dollar strengthened broadly, with traders following the shift toward higher yields and safe-haven demand.USDJPY: The pair continues to push to fresh four-year highs and is closing in on the 164.00 level. Above that, the next major upside target comes in near 164.50, a level last seen in the 1986 swing highs.
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