U.S. Dollar: {chart} U.S. Dollar Index is losing ground despite rising Treasury yields. Fed’s Harker said that high interest rates put too much pressure on first-time home buyers and reiterated that Fed can hold the rates where they were. In case U.S. Dollar Index moves below the 50 MA at 106.25, it will head towards the nearest support level, which is located in the 105.65 – 105.90 range. EUR/USD: {chart} EUR/USD received support in the 1.0520 – 1.0550 range and is moving higher as traders focus on Harker’s dovish comments. In case EUR/USD settles above the 1.0550 level, it will head towards the nearest resistance ... (full story)