US dollar makes a move to fresh highs

Stocks, yields and US dollar creeping higher.

Some lights stops were hit as EUR/USD fell to a session low at 1.1311 and USD/JPY climbed to 119.99. Look for more stops on breaks of the big figures but don't expect them to be significant. In the past month, it's grown clear that stops are larger in US dollar declines than the opposite.

Of the moves, the dollar gains and rise in stocks are marginal but the rout in bonds is significant with 30-year yields back above 3%.