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 Eur/usd more Correctly priced Regarding 2y Us/eu Spread

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PostSubject: Eur/usd more Correctly priced Regarding 2y Us/eu Spread   Eur/usd more Correctly priced Regarding 2y Us/eu Spread Icon_minitimeTue Aug 21, 2012 11:24 am

Eur/usd more Correctly priced Regarding 2y Us/eu Spread


Quotes from Societe Generale Cross Asset Research:
-EUR/USD: too low compared with rate markets? The sell-off in US bond markets (fuelled by US data and risk appetite) since 24 July has not translated into higher EUR/USD.
-However, regarding the 2Y US/EU spread, which is more sensitive to the economic outlook and less to pure risk sentiment, EUR/USD is more correctly priced.


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