Hi traders, as promised, here comes part 2 of my EUR/USD update.
Correlations: Yield differentials formed a slight divergence and points lower, at least in the short-term. Gold keeps falling (positioning is quite bearish as well), suggesting further weakness in EUR/USD as well.
Correlations: Yield differentials formed a slight divergence and points lower, at least in the short-term. Gold keeps falling (positioning is quite bearish as well), suggesting further weakness in EUR/USD as well.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.