Jack Crooks
Black Swan Capital
If the 2-yr Spread (red line) is leading the pair we now have a divergence. And it suggests the cycle low is likely in for the euro against the buck.
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Editors’ Picks
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GBP/USD is trading below 1.2300, consolidating its gains. The UK and the EU have been blaming each other for a potential no-deal Brexit. US-Sino tensions are in play as well.
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Forex Today: Trade wars paint markets in red, Brexit looks worse, and central banks are limited
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Gold retreats from multi-year tops, fills weekly bullish gap on positive trade headlines
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