The EUR USD pair has bounced back from its recent losses, now trading around the 1.1310 mark during the Asian hours on Friday. This upward movement follows a decline in the US Dollar, largely driven by falling US Treasury yields. These yields have dropped significantly, with the 30-year US bond yield retreating from a high of 5.15%, the highest seen in 19 months. The focus will soon shift to the upcoming German Q1 GDP data, which may further influence the currency pair.