Dollar keeps steadier on the session, eyes PCE price data later ...Middle East

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USD/JPY nudged up a little close to 155.00 earlier but the pair is held back by its 100-hour moving average nearby alongside large option expiries today. There are also larger expiries in play for EUR/USD, holding the pair just under 1.0400 alongside softer German inflation data.

As for the bond market, 10-year Treasury yields are a touch higher to 4.53% and still holding this neckline support here on the charts.

Coming up later, the focus will be on the US PCE price index before markets might look to square up some positions come month-end and also before the weekend. I mean, you never know what's going to happen with Trump and tariffs so there's a key risk factor to keep in consideration before the break.

This article was written by Justin Low at www.forexlive.com.

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