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⚖️💶Rate Spreads Point to EUR Trading Closer to Parity: Cable FX Macro

Writer's picture: Rosbel DuránRosbel Durán
Oct 3, 2023

  • We are noting a historical relationship between our measure of dollar rate spreads and the EUR/USD exchange rate.

  • The Cable FX Macro USD Spreads Index has erased declines following the March banking crisis, last read is closer to 131.0

  • This level of USD rate spread advantage is related to the EUR/USD trading closer parity


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