US Dollar strength drives EUR/USD to 1.144 amid partial retracement in Treasury yields and mixed jobless claims data.
The Dollar Index rose 0.65% to 100.98, pushing EUR/USD down to 1.144. The move follows a partial rebound in US Treasuries after recent Federal Reserve-driven losses.
The 10-year Treasury yield declined by 3.4 bps, while jobless claims came in slightly above expectations. This shift reflects market adjustments to Fed policy signals and economic data.
Currency markets reacted to the stronger USD, with the euro weakening against the dollar in early trading.