Thanks for clarifying that Slug, Kuzia.
So it appears that I had the correlation upside down due to an ICT slide that said:
"Bearish Conditions = Interest rates are moving lower - Market Shuns lower yield"
If something is "shunned" I thought it meant "staying away from or avoided" in other...
Re: Yield Divergence Question
Thanks for the reply! Can you explain why the EURUSD has continued to rise since this divergence if higher yield = Bearish FX?
Re: Current Yield intermarket analysis
Can anyone explain what the bond yields are indicating?
To me they look as though theyre about to breakout to the upside which would equate to a risk on scenario for FX if Im not mistaken?
That said, they have diverged slightly with the UK yield making a...
Yield Divergence Question
Question for ICT or other Guru;
If the bond yields diverged on the 22nd July effectively shunning lower yields (Bearish FX), why has EU and GU continued to rise for weeks now?
Thanks in advance.
Alex