EUR/USD closing in on 1.10 but 2y2y rate differentials not keeping up – SocGen
Euro moves one step closer to 1.10. Can EUR/USD have a go at 1.10? Economists at Société Générale discuss the pair’s outlook Hedge funds are not getting carried away “Interestingly, 2y2y forwards (3 bps wider in favour of USD this morning) are not keeping track with the currency. Hedge funds are not getting carried away […]