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fxJun 19, 2026, 7:19 AM

Deutsche Bank: Dollar strength weighs on EUR/USD

Deutsche Bank reports that the Dollar Index rose 0.65% to 100.98, pushing EUR/USD down to 1.144, as US Treasuries partially retraced recent Fed-driven losses.

EURUSDDXY

According to Deutsche Bank, the Dollar Index climbed 0.65% to 100.98, applying downward pressure on EUR/USD, which slipped to 1.144. The move coincided with a partial retracement in US Treasuries following the Fed-induced selloff, with the 10-year yield declining 3.4 basis points. Additionally, initial jobless claims came in slightly above expectations, though the impact on the dollar remained limited.

Source: FXStreet Forex News