US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
US yields are continuing to push-higher this week but, so far, US Dollar strength has not been tracking that theme. A common culprit of such scenarios is rates lifting by more elsewhere, and after the past two weeks with the ECB and FOMC, one bank has clearly laid down a more-hawkish stance and that’s the Central Bank that waited to start hiking rates last year.
Source: actionforex.com