EUR/USD is near session highs once again as US yields rise and confidence in the greenback dips. The retracement is 61.8% of the 1.4719/1.2454 decline from November to March.
Just crossing the wires, Japan will announce an emergency lending program for medium-sized and large corps as early as next month, according to the Nikkei. Private-sector banks will contribute 50% of the funding.
