EURUSD surges 0.6% reaching the highest level since September 2021 📈
EURUSD surges 0.6% reaching the highest level since September 2021 📈
8:45 pm 26 June 2025
The EUR/USD pair is surging nearly 0.6% today, while U.S. 10-year Treasury yields are down by 3.5 basis points, falling below the 4.26% level.
Since last month, yields have dropped significantly from around 4.5%, partly due to market expectations of potential rate cuts later this year and a possible change in Fed leadership next year.
Additionally, a recent White House statement indicated that the July 9 tariff deadline is not critical, leading markets to believe that the final tariffs may turn out to be less severe than initially feared.
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