Free Trial

/EGBS: TD analysts said the "cross..........>

US TSYS
US TSYS: /EGBS: TD analysts said the "cross currency bases have been widening in
recent weeks, and it has been most pronounced among Euro, Swiss and Sweden. The
moves so far have not been as extreme as last year, and are at odds with other
measures of dollar funding pressure." 
- TD analysts thus "think that more Euro idiosyncratic factors may be at play
this time around. Similar to year end 2016, the Single Resolution Fund may be
driving a reduction in European bank balance sheet resulting in less demand for
Euros into year end." But they add the "dynamics of the Resolution Fund may
largely have been priced in by now." 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.