EUR/USD moving higher early Asia as US yields extend lower

The 2-year yield fell 20 bps Thursday and down another 8 bps early Asia

EUR/USD just below 10-day MA at 1.0604 and break targets 21-day MA @ 1.0633

Large fall in US yields likely due to potential financial market stress nL1N35H29S

Fed would have to take note of financial market stress in their decisions

Positioning ahead of US non-farm payrolls also playing a role

In any case, market price action likely to be volatile around US jobs

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