EUR/USD Correlations: Update
German and US 2-year yield differentials provide a contrarian signal to our other analysis results, which is another sign that traders need to be cautious with the pair.
Gold (green, inverted), which trades a marginal record highs, keeps following the pair. Any USD strength could push gold price lower from current levels and cause a break below the daily support level in EUR/USD, which can be seen in the previous post.
Gold (green, inverted), which trades a marginal record highs, keeps following the pair. Any USD strength could push gold price lower from current levels and cause a break below the daily support level in EUR/USD, which can be seen in the previous post.
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