The all-time high at $61K came into sight again.
Although the U.S. dollar is very strong, the pound is not one of the weakest currencies because it is not falling here against the dollar the way other currencies are.
The EUR/USD price declined to the lowest level since November 4 as investors continued watching the performance of US bond yields.
The AUD/USD price declined as the market reacted to the ongoing government bond sell-off and the overall strong US dollar.
Pivotal points at 0.7614 and 0.7668.
New 4-month low prices continue.
The GBP/USD pair declined sharply yesterday as US bond yields continued to rise.
The BTC/USD bounced back even as US Treasury yields rose, pushing the greenback higher.
$58,161 looks to be very pivotal resistance.
The pivotal area is between 1.3810 and 1.3746.
The AUD/USD price is under pressure as investors turn to the safety of the greenback and as commodity prices struggle.
The EUR/USD price is in a tight range as the market watches the crisis at the Suez Canal and the rush to safety following last Friday’s sell-off in some stocks.
Limited action likely in this currency pair today.
The GBP/USD is hovering near the lowest level since February 20th as investors focus on the falling US and UK bond yields and the mixed data from the UK.