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GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias

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Rising treasury yields undermine EUR/USD run at Mar 1.1052 peak

Monday, April 6, 2015 5:13 PM UTC

Source: Thomson Reuters

Treasury yields rise & curve steepens, undermining EUR/USD run at late Mar 1.1052 peak
US stocks rallying on delayed Fed rate hike hopes, decent ISM Services
Liquidity and volumes tight as other money centers remain closed today
Massive IMM spec shorts in background

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Rising treasury yields undermine EUR/USD run at Mar 1.1052 peak

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