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FX Positioning: EUR remains king despite a correction

From think.ing.com

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)

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  • Category: Fundamental Analysis