The USD is in top form

The USD is just around a peak of the last two-weeks.This is especially the case after the U.S. Treasury yields bounced back from recent lows.

Now, the Euro versus the USD trades at $1.1104, which is an incline of $0.00151 or 0.14% from the previous close of $1.10894.

The daily range is from 1.1087 to 1.1105, while the trading volume is 40.683K.

The 10-year U.S. Treasury yield marked 1.55%, after coming away from a three-year trough of 1.47% seen last week.

Moreover, at the end of last week, higher than the forecasts than-expected  sales report was announced, which dropped the market tension that the U.S. was headed toward recession.

Additionally, the common currency was pressured by higher estimates  of an interest rate reduction by the European Central Bank (ECB)