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Dollar Breaks Higher Through a Major Psychological Turning Point

Dollar Breaks Higher Through a Major Psychological Turning Point

2 Years ago | May 20, 2018 00:00:00

John M. Bland, MBA, co-founder, Global-View.com


Establishing Above 3.00% In The Ten-Year Note Yield Has Been A Critical AchievementFor the better part of the current year, forex traders have been focused on the psychological 3.00% yield in the U.S. 10-year Note. More precisely, 3.03% has been the major target for technical traders and others. Once broken, 3.030% was broken in the latest week that yield spiked higher to above 3.10%. With this goal having been achieved, I expect the focus of forex traders Focus now to shift more to the DIRECTION of yields rather than a specific level, now that there are no m

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