<ul><li>Tail 6-auction average of -0.8bps.</li><li>Bid-to-Cover 6-auction average of 2.53x.</li><li>Dealers 6-auction average of 12.2%.</li><li>Directs
In 2022, the EURUSD decline was driven by Fed rate hike expectations. In 2023, the bears decided to take advantage of the fact that it did not change. As long as the US recession is delayed, they will
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