Euro outperforms the dollar and yen

Market Trends & Yield Curve Analysis - The yield curve is flattening, with 10-year Treasury yields decreasing while 2-year Treasury yields increasing on the week [1] - The shift in the yield curve's steepening trend occurred around July 15th and 16th, following the release of CPI (Consumer Price Index) and PPI (Producer Price Index) data [2][3] Currency Market Dynamics - Euro is outperforming, reaching a one-year high against the Yen (euroyen) [3][4] - The dollar is underperforming against the Yen (dollar yen) [4] - Euro is hovering near a four-year high against the dollar [5] Factors Influencing Euro Strength - Concerns about fiscal prudence and austerity measures in Europe, even after the election, are contributing to the Euro's strength against the Yen [4][5]