EUR/USD closing in on 1.10 but 2y2y rate differentials not keeping up – SocGen EURUSD Europe Banks
Hedge funds are not getting carried away
“Interestingly, 2y2y forwards are not keeping track with the currency. Hedge funds are not getting carried away either. Long euro positions were fractionally lower last week.” to reinforce cautious optimism that the economy will dodge recession this winter.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD: Too early to become Euro sceptical – CommerzbankEUR/USD is trading around 1.09. In the opinion of Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, it is still much too early to b
Read more »
Weekly Forex Forecast \u2013Gold, EUR/USD, GBP/USD, BitcoinThe difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week.
Read more »
Pairs in Focus This Week-GBP/USD, EUR/USD, USD/JPY, AUD/USDGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of January 22nd, 2022 here.
Read more »
EUR/USD bulls keep 1.0900 on radar amid hawkish ECB talks, US GDP eyedEUR/USD prints mild gains around 1.0865 during the three-day winning streak amid the early hours of Monday’s Asian session, following a two-week uptre
Read more »
EUR/USD Price Analysis: Further upside needs validation from 1.0920EUR/USD picks up bids to challenge the nine-month high surrounding 1.0900 as bulls keep the reins for consecutive three days to early Monday. In doing
Read more »
Breaking: EUR/USD tops 1.0900 for first time since last AprilThe Euro is keeping the upper hand against the US Dollar at the start of the week on Monday, as EUR/USD is rising above the 1.0900 level for the first
Read more »