FED Reverse Repo and the EURUSD drop
The FED Reverse Repo facility has been growing at almost exactly the same pattern the EURUSD has been dropping. This chart compares the overlay of the RR account and 1/EURUSD growth (EUR withdrawals). This could be interpreted as EUR risk off play.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.