EUR/GBP Accelerates Through Key Support as ECB/BoE Yield Convergence Trade Reverses

EUR/GBP may have passed a turning point that extends well beyond this week’s inflation data. The sharp break below key technical support reflects more than a softer Eurozone CPI report—it signals that one of the market’s biggest policy trades of recent months is beginning to unwind, and intensifying. Investors are no longer betting that the
The post EUR/GBP Accelerates Through Key Support as ECB/BoE Yield Convergence Trade Reverses appeared first on ActionForex.

EUR/GBP may have passed a turning point that extends well beyond this week’s inflation data. The sharp break below key technical support reflects more than a softer Eurozone CPI report—it signals that one of the market’s biggest policy trades of recent months is beginning to unwind, and intensifying. Investors are no longer betting that the […]

The post EUR/GBP Accelerates Through Key Support as ECB/BoE Yield Convergence Trade Reverses appeared first on ActionForex.

​Read More