{"id":69279,"date":"2022-07-29T23:54:00","date_gmt":"2022-07-29T19:54:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=69279"},"modified":"2022-07-29T22:52:30","modified_gmt":"2022-07-29T18:52:30","slug":"eur-usd-rebounds-back-as-us-yields-retreat","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/eur-usd-rebounds-back-as-us-yields-retreat\/07\/29\/market-updates\/","title":{"rendered":"EUR\/USD rebounds back as US yields retreat"},"content":{"rendered":"\n<p>The US dollar loses some of its earlier shine late on Friday amid lower US yields. The EUR\/USD pair practically flat for the week and remains sideways.<br><br>Price keeps moving below 1.0260 and supported by 1.0100. The EUR\/USD printed a fresh daily low during the US session at 1.0145 and then rebounded back above 1.0200, amid lower US yields and higher equity prices in Wall Street.<br><br>US yields initially rose but then declined. Near the end of the week, the US 10-year yield is at 2.63%, the lowest since April. The yields slide impacted the US dollar, which lost momentum and pulled back, sending EUR\/USD back above 1.0200. In Wall Street, equities were in positive ground, about to end the best month since 2020.<br><br>The data released on Friday in the US showed larger-than-expected increases in consumer spending and personal income. At the same time, the Core PCE showed inflation is not pulling back.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US dollar loses some of its earlier shine late on Friday amid lower US yields. The EUR\/USD pair practically flat for the week and remains sideways.Price keeps moving below 1.0260 and supported by 1.0100. The EUR\/USD printed a fresh daily low during the US session at 1.0145 and then rebounded back above 1.0200, amid &hellip;<\/p>\n","protected":false},"author":13,"featured_media":58857,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6884,7218,6984],"class_list":["post-69279","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-eur-usd","tag-pce","tag-treasury-yields"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=69279"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69279\/revisions"}],"predecessor-version":[{"id":69284,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69279\/revisions\/69284"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/58857"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=69279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=69279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=69279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}