The USD is tilting to the upside as the Chair Powell testimony progresses. What has that done to the technicals for the EURUSD, USDJPY, GBPUSD, USDCAD and AUDUSD? I outline the changes and key levels in play.
I also take a look at the Nasdaq and S&P indices as they react.
In other markets, yields are higher with the 10 year now up 5.5 basis points at 4.257%. The 2-year yield is up 7.5 basis points at 4.745%. Looking at commodities, oil prices are up with the April price up $0.97 or 1.01%. Gold is trading down $156 or -3.13% at $4850
