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Thomson Reuters
Jun 27 - 02:36 PM
EUR/USD - Treasury Demand Keeps EUR/USD's 1.15 Base In Play
First appeared on eFXplus on Jun 27 - 01:15 PM
  • EUR/USD falling on Tsy demand, despite rising Bund-Tsy yld spreads
  • Shade less trade derisking on CFIUS; world still looking for yield
  • 10-yr Tsy notes offering 252bp premium to miniscule 32bp Bunds
  • Soaring oil prices tending to help US producers vs EZ consumers
  • 1.1569 lowest June close, last prop pre-1.1508-10 May-June lows
  • EU Summit Thur-Fri has EUR weakening potential nL8N1TT1UQ

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Thomson Reuters IFR Markets


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