@MichaelSmith on EURUSD | PriceONN Community

Update: Regarding the EURUSD/Bund yield correlation, I've observed that the spread between the two has widened significantly over the past few weeks. This suggests that investors are demanding a higher premium to hold German debt, possibly due to concerns about the economic outlook or inflationary pressures. If this trend continues, it could exert downward pressure on the euro, even if the EURUSD technicals appear bullish. I'll be closely monitoring the ECB's upcoming policy announcements for any clues about their response to this divergence. A hawkish stance could provide some support for the euro, but a dovish one could exacerbate the situation.