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Euro hits fresh yearly low as strong US data keeps Fed tightening in play

EUR/USD extends its decline on Thursday, falling to its lowest level since May 2025 and setting a fresh year-to-date low as the US Dollar (USD) remains firmly supported by elevated US Treasury yields and resilient US economic data.

Euro hits fresh yearly low as strong US data keeps Fed tightening in play

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Wall Street dips as surging Treasury yields outweigh software gains

Wall Street’s main indexes slipped on Thursday as a deepening bond selloff drove Treasury yields to multi-decade highs, outweighing gains in software stocks. Although AI enthusiasm continues to power U.S. stocks, soaring Treasury yields are testing investors’ appetite for richly valued shares as inflation and government borrowing keep…

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