So far the positive divergence pre-market in the EUR/USD is holding up, the pair has re-taken 1.27 and is offering support to the S&P and NASDAQ E-minis.
Since the overnight negative divergence before the European open, this positive has formed in the EUR/USD which is quite a bit bigger, it has moved as expected since pre-market.
ES has been pretty much in line since
As has NQ
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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