Rate Differentials Finding a Floor !!
A mixed NFP with inflation seeing the consequences via wages presents a good time to review the latest rate differential map:
The floor has been placed, expecting Euro to begin rallying as we enter into the final pages of the cycle. US numbers are holding but is clear they wont be able to hold more than Q1 2020. Smart money will now position before waters become choppy.
All eyes on Euro !!
Good luck riding the fat, slippery pig.
The floor has been placed, expecting Euro to begin rallying as we enter into the final pages of the cycle. US numbers are holding but is clear they wont be able to hold more than Q1 2020. Smart money will now position before waters become choppy.
All eyes on Euro !!
Good luck riding the fat, slippery pig.
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