Euro nears a two-week high as US dollar continues slide | Forexlive

Watch out for some minor stops if the euro can get through 1.0779, which was the June 1 high.

The US dollar continues to slide today as Treasury yields fall and on a weak initial jobless claims report. Tellingly, I’d begun to see some calls for euro slides this week and that’s often a sign that too much bearishness was priced in.