Technicals

Add as a preferred source on Google

EUR/USD likely to be capped by rate divergence

US/German 2 year bond spread stable above 80bp Likely to ease pressure on recent bias to trim EUR/USD shorts Since then, 15bp tightening has reduced EUR/USD's downside momentum Trend still very strong and good opportunit…

1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • US/German 2 year bond spread stable above 80bp

  • Likely to ease pressure on recent bias to trim EUR/USD shorts

  • Since then, 15bp tightening has reduced EUR/USD's downside momentum

  • Trend still very strong and good opportunity to sell EUR/USD strength

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560