Does Spread Matter Anymore In FX? UK - US 2-Yr Spread Vs. GBP/USD

It used to be that spread mattered in the FX world. Maybe it will again someday. Note the big divergence between the direction of the UK-US 2-year interest rate spread and the currency—GBP/USD. Though still in negative territory relative to US rates, the UK relative yield has been on a tear higher. Hmmm….

061419 uk us spread.png

Disclaimer:  Futures, Forex and Option trading involves substantial risk, and may not be suitable for everyone. Trading should only be done with true risk capital. Past performance either actual ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.