Maybe will influence the dollar which is at resistance area and euro at support
After the major low of September '20 in the attached chart, its the second time
that yield spread is visiting the 2% area. Probably we'll need a third before breaks
the area for good.
I see no reason in buying the euro except for the long awaited bounce, which will be proved another super
short opportunity on its way to parity and less against the dollar into next year.
$DXY, $EURUSD, $TNX, $BUND, $TLT
cheers,
P
After the major low of September '20 in the attached chart, its the second time
that yield spread is visiting the 2% area. Probably we'll need a third before breaks
the area for good.
I see no reason in buying the euro except for the long awaited bounce, which will be proved another super
short opportunity on its way to parity and less against the dollar into next year.
$DXY, $EURUSD, $TNX, $BUND, $TLT
cheers,
P
