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More Euro Losses Ahead
More losses in the euro are seen ahead despite rallying oil prices.
Just read your IMT 2131 ET...to answer my own question (maybe), perhaps the correlation is not evident on the chart! If you have a similar chart DE/US 2Y spread vs. EURUSD please post. Not easy for me to create--no BB. Anyhow, appreciate any additional comments. Thanks, good eve.
Regarding this article and recent Sunday eve Twit, 10Y UST yield > 10Y DE Bund yield...meanwhile spread 2Y UST notes vs. DE Schatze favoring EUR in terms of yield, right.... You seem to key in on the 10Y point on the curve. It seems to me the the 2Y end of the curve is having more FX impact at this time, especially for the yen crosses. Do you agree? If not, why the focus on the 10Y spread more so than the 2Y for dollar pairs?
--Thanks
could i get 1.43 in couple of days
hmmalik
I was a little eager and went in at 1.4473 - Almost there just want to lock some proifts it if falls - thanks for replying and your outlook on the currency - just helps
Already shorted at 1.4990.
Lets hope for the best .
let get some pips
Is that a rising wedge on the 1hr chart on the Eur/Usd - resistance at 1.4500 - makes a good short position -any thoughts on this guys