Intraday Market Thoughts

Ignore FX Relativity at your Own Risk

by Ashraf Laidi
Jul 17, 2017 15:48

In January, most of the FX world jumped on the wave of a positive USD outlook based on the easily articulated theory of diverging monetary policies-- that the Fed will be the only central bank tightening and the rest stuck in easing or neutral gear. So what went wrong?  Full piece here.

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Ignore FX Relativity at your Own Risk - German Us 10 Yr Spread Jul 17 2017 (Chart 1)

 
 

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