-
FX Positioning: EUR remains king despite a correction
CFTC data ending 30 June provided a broadly unchanged picture in G10 FX positioning, with the dollar staying in oversold territory, procyclicals (excluding the Canadian dollar) in neutral territory and the low-yielders in overbought territory. Still, there have been a few moves in the week 24-30 June that are worth highlighting: the figure below provides an overview of these. table CFTC data ending 30 June provided a broadly unchanged picture in G10 FX positioning, with the dollar staying in oversold territory, procyclicals (excluding the Canadian dollar) in neutral territory and the low-yielders in overbought ... (full story)