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EUR/USD expects more short-covering

Leveraged accounts for EUR/USD push to 1.1389 high Extended loosening of shorts and lower option volumes extensively eyed Today's high close to center of supposed key pivots 1.1270-1.1534 Significant narrowing US/Bund sp…

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  • Leveraged accounts for EUR/USD push to 1.1389 high

  • Extended loosening of shorts and lower option volumes extensively eyed

  • Today's high close to center of supposed key pivots 1.1270-1.1534

  • Significant narrowing US/Bund spreads to support EUR/USD

  • 10's 10b lower from yesterday's open (15bp in 2 sessions). 2's 3bp 

 

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