I mentioned it earlier, although more focus has been on the Yen, it looks like the EUR/USD is going to come down shortly, I don't know what that will mean for the Euro as $1.30 seems to be a floor, but I know what it would mean for the $USD and risk assets.
5 min chart of the pair, not much movement today at all.
Here in the futures it has gone negative in the short term.
Is interest rates about to start going up?
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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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