EUR/USD: 1.3250 Next Hurdle as Bond Yields Fall

With the 1.3225 barrier overcome, the next hurdle becomes 1.3250 where more are eyed. Falling US bond yields are helping undermine the buck as dealers assume poor Chicago PMI will translate into a weak ISM figure tomorrow. 1.3265 is technical resistance if 1.3250 is overcome. Month-end USD selling could help achieve that goal at the 16:00 GMT fixing. EUR/USD trades at 1.3242.