The gap between German bunds and French OATS continues rising. French yields are currently at 3.30%, while German ones are at 1.75%. The gap of 1.55% isn’t the worse we have seen – it passed 1.60% earlier. France is in the middle between the “Club Med” or PIIGS countries and the richer northern countries. The rise in French yields, while German yields slide, show that France is leaning towards the south. The rise in French yields happens at the same time that Italian yields take a break and drop for a change. French banks are heavily exposed to Greek and Italian debt. Recent reports by Credit Agricole and Societe Generale show higher leverage levels. This is seen using any method. EUR/USD already recovered from the lows it reached beforehand, trading between the 1.3550 and 1.3650 lines. The trough was just above 1.3480. For more on the euro, see the euro/dollar forecast. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex Bits share Read Next USD/JPY:Trading the UoM Consumer Sentiment November 2011 Kenny Fisher 11 years The gap between German bunds and French OATS continues rising. French yields are currently at 3.30%, while German ones are at 1.75%. The gap of 1.55% isn't the worse we have seen - it passed 1.60% earlier. France is in the middle between the "Club Med" or PIIGS countries and the richer northern countries. The rise in French yields, while German yields slide, show that France is leaning towards the south. The rise in French yields happens at the same time that Italian yields take a break and drop for a change. French banks are heavily exposed to Greek and… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
