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EUR bulls slowly re-emerging
CFTC data shows EUR/USD net speculative positioning moderately rebounding in the week ending 20 April, signalling a turn in sentiment on the pair after an extended long-squeeze. In the rest of the G10, the picture was mixed, as commodity currencies faced diverging paths, GBP and JPY saw a marginal long-trimming, while CHF moved into net-short territory CFTC speculative positioning data showed EUR/USD net positioning increasing by 1.9% of open interest in the week ending 20 April, as net longs rose to 12% of open interest. That was the first material increase in net positioning on the pair since January, considering ... (full story)
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