Dollar Edge 2Y

📊 Fed vs ECB Edge – 2Y

This indicator tracks the 2-year government bond yield spread between the United States and Germany (US 2Y − DE 2Y).

The 2Y spread is a direct proxy for short-term monetary policy expectations, reflecting the relative stance of the Federal Reserve vs the European Central Bank.

📈 Rising spread → USD rate advantage
📉 Falling spread → EUR relief

Designed to provide macro context for EURUSD, FX flows, and carry trade analysis.
Best used alongside technical analysis — not as a standalone trading signal.