Forex Analysis
Eye-Opener: Factors as strong as gravity holding rates low and is parity close by for EURUSD?
EURUSD briefly traded below 1.05 this morning. At the same time, US yields can’t seem to break higher. The reason is strong demand, especially from non-US investors. Yesterday’s 10Y auction in the US had almost 59% allotted to indirect bidders, predominantly non-US investors. On the Euro side, we can see easily see both bunds below […]
