Yields on two-year US bonds yesterday reached their highest level since 2006. Stock indexes ended the day mixed. The dollar only strengthened for a while, the EURUSD rate approached 1,06 and is testing [...]

Yesterday's data from the US labor market became a kind of catalyst for the strengthening of the US dollar. The declines of the main currency pair started at 14:30 and accelerated after 16:00. Eurodollar performs so far [...]

Consumer inflation in the euro zone slowed down. However, this slowdown was expected, so it has no impact on EUR/USD behavior, nor should it affect Thursday's ECB decision.

An interest rate hike at the May meeting of the European Central Bank is certain. Its scale may depend on inflation data from the largest European economies released this week.