eFXdata | EUR/USD - Bonds May Come To EUR/USD's Rescue After Drop To 2026 Low

By Jeremy Boulton — Oct 13 - 02:28 AM

• US/German 10-year bond spread has tightened from 181bps to 171bps

• EUR/USD fell further to a fresh 2026 low at 1.1152 EBS on Monday

• The tighter spread will provide EUR/USD support

• Support from bonds timed when traders short and drop stretched

• Base 20-week Bollinger bands is 1.1193

•
US/German 10-year bond spread

(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)

Source:

London Stock Exchange Group | Thomson Reuters

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