-
Speculators Confirmed The Strength Of EUR Recovery, Turned Net USD Short
In last week IMM position data report, we noticed that speculative traders on the Chicago Mercantile Exchange seem to join the crowd on betting on a stronger EUR recovery. This week, they sent two clear signals confirming this EUR positive sentiment, data from the Commodity Futures Trading Commission showed on Friday. The first signal is that they decreased their open short EUR position by 17% from a week earlier to reach a net of $16 billion as of Tuesday. The second signal has even a more important impact. For the first time in a year, traders tuned net short on USD. From a net long USD bet of $3.2 billion a week ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Sep 1, 2012 5:39am Sep 1, 2012 5:39am
- Pip_tracker
- | Joined Feb 2012 | Status: Member | 612 Comments
- Comment #2
- Quote
- Sep 1, 2012 7:05am Sep 1, 2012 7:05am
- moaf
- | Joined Jan 2012 | Status: Mother Of All Forex | 910 Comments
- Comment #3
- Quote
- Sep 1, 2012 7:27am Sep 1, 2012 7:27am
- Pip_tracker
- | Joined Feb 2012 | Status: Member | 612 Comments
- Comment #4
- Quote
- Sep 1, 2012 8:53am Sep 1, 2012 8:53am
- amarranjan
- | Joined Oct 2009 | Status: Member | 64 Comments
- Comment #5
- Quote
- Sep 1, 2012 9:43am Sep 1, 2012 9:43am
- Mingary
- Joined Mar 2011 | Status: I should be on your ignore list | 2344 Comments
- Comment #6
- Quote
- Edited 11:03am Sep 1, 2012 10:51am | Edited 11:03am
- fxx360
- | Joined Dec 2011 | Status: Member | 930 Comments
- Comment #7
- Quote
- Edited Sep 2, 2012 5:09am Sep 1, 2012 11:26pm | Edited Sep 2, 2012 5:09am
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #8
- Quote
- Sep 1, 2012 11:30pm Sep 1, 2012 11:30pm
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #9
- Quote
- Sep 2, 2012 12:05am Sep 2, 2012 12:05am
- frx_trader
- | Joined Jun 2012 | Status: Analyst | 3129 Comments
- Comment #10
- Quote
- Sep 2, 2012 12:28am Sep 2, 2012 12:28am
- leatherman
- | Joined Aug 2012 | Status: Member | 4 Comments
- Comment #11
- Quote
- Sep 2, 2012 5:15am Sep 2, 2012 5:15am
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #12
- Quote
- Sep 2, 2012 7:42am Sep 2, 2012 7:42am
- moaf
- | Joined Jan 2012 | Status: Mother Of All Forex | 910 Comments