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The new reason to be short EUR/USD, 4 important nuances

Discussion in 'Market News' started by ForexLive, Nov 11, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Deutsche Bank outline a new reason to be bullish the US dollar and bearish EUR/USD This via eFX In a note to clients today, "Over the last few weeks the cross-currency basis, representing the additional cost of borrowing dollars in the FX swap market over and above the rate differential, has ballooned to the highest since 2011," DB notes.

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