Yields are rising in the US as investors leave Fixed Income for assets like Equities.This is a consequence of Trump's indication to implement tax cuts and lift fiscal spending.
According to a survey of the Wall Street Journal, taken after the election, the unemployment rate could fall further (to 4.7% at the end of 2018), real GDP could rise more (to 2.3% by 2018), inflation is seen at 2.4% by 2018 and the 10-year yield is seen at 3%.
The price is very bullish on USD at this momet. For example, a potential target for the USD/JPY currency pair is 110.00 in the next period. If we see a reverse around 110.00, we may consider a counter trend opportunity towards 107.00.