Friday, October 16, 2026

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EUR/USD downtrend may resume on rate divergence

2 year US/Bund spread inching back out ahead of the FOMC Currently at 89.5bp. Trend wide was 92.7bp. Hit 85-86bp earlier this week Forex traders look distracted by major moves at the longer-end ACBs said listing EUR/USD …

By Ian Preston
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • 2 year US/Bund spread inching back out ahead of the FOMC

  • Currently at 89.5bp. Trend wide was 92.7bp. Hit 85-86bp earlier this week

  • Forex traders look distracted by major moves at the longer-end

  • ACBs said listing EUR/USD offers 1.0640-50 & 1.0680

  • Asia interventions have risen, rebalancing demand for USDs seen 

 

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By FxWirePro Team