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- The US Treasury 10-year yield is pushing its January 2014 high of 3.040% percent, giving the DXY[1] Index an opportunity to retest the 2017 low at 91.01. - The economic calendar is quieter today; all eyes are on the Euro[2] with the ECB meeting set for tomorrow. - Sentiment for the US Dollar[3] remains mixed gains in recent days. For longer-term technical and fundamental analysis, and to view DailyFX analysts’ top trading ideas for 2018, check out the DailyFX Trading Guides[4] page. The US Dollar (via the DXY Index) is trading at its highest level since January 12 as price flirts with a break back above the 2017 low near 91.01. Yesterday's close was the second consecutive close above the trendline from the November and December 2017 highs, giving further credence to the near-term bottoming effort that may be in play via the inverse head & shoulders pattern that formed throughout March.The main catalyst for US Dollar strength continues to be the rise in US Treasury yields, which is proving a potent factor for pairs like USD/CHF[5] and USD/JPY: weakness in equity markets is producing no such 'demand of safe haven' effect in the face of widening interest rate differentials. The US Treasury 10-year yield touched a high of 3.034% earlier today, just below the high of 3.040% set back in January 2014. What to Expect for the ECB Meeting TomorrowEven though the European Central Bank policy decision tomorrow will not bring forward a new set of Staff Economic Projections, odds are seemingly high that ECB President Mario Draghi will strike a more dovish tone than he has

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currensceneFLOGO WHTsquareThough not the oldest form of currency, some form of shell money appears to have been found on almost every continent. The shell most widely used worldwide as currency was the shell of Cypraea moneta, the money cowry.

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