OPEN-SOURCE SCRIPT

FX Rate Bias US vs EU 2Y

74
FX Rate Bias – US vs EU (2Y)

This indicator provides a macro bias framework for FX markets by tracking the 2-year government bond yield differential between the United States and Germany.

Rather than displaying the spread as a raw calculation, the script translates interest-rate expectations into a clear directional bias, helping traders understand which currency currently holds a rate advantage.

The 2Y segment of the yield curve is highly sensitive to:

Central bank expectations

Forward guidance

Shifts in short-term monetary policy outlook

How to use

Positive spread → USD rate advantage

Negative spread → EUR rate advantage

Designed to be used as a contextual macro tool, this indicator helps align technical setups with broader monetary conditions.
It is not intended as a standalone entry or signal generator.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.