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EUR/USD weighed by US/German rate divergence

2 year US/German spread hits new trend wide above 88.4bp EUR/USD lower along with new rate divergence Traders seek model stops below 1.1180 Move on 1.1270 break suggests market not short enough

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EconoTimes — Reading the Times. Understanding the Future.

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  • 2 year US/German spread hits new trend wide above 88.4bp

  • EUR/USD lower along with new rate divergence

  • Traders seek model stops below 1.1180

  • Move on 1.1270 break suggests market not short enough 

 

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