It’s a bit of a mess, isn’t it?
While the headlines will say US bond yields rose, stocks got hit, the dollar rallied on whatever, the EURUSD is sheepishly mired in a 44 pip trading range, 2 pips away from the closing level (closed at 1.1233). What’s with that? GBPUSD falls 160 pips and the EURUSD is unchanged.