Invest in alarm clocks
-
COT: Dollar strength and trade fears trigger big changes
The speculative dollar position against nine IMM currency futures saw the biggest bullish shift on record in the week to June 19. After buying a record $17.5 billion, traders ended up holding a gross dollar long for the first time in a year. Just two months ago traders held a record dollar short of almost $29 billion, with the vast majority being against a EUR long. The belief in a stronger euro finally received a knock during the week where the Federal Open Market Committee raised rates and the European Central Bank maintained its dovish stance. The AUD net-short reached an 18-month high while the JPY position ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jun 25, 2018 10:41am Jun 25, 2018 10:41am
- Tony112
- Joined Apr 2008 | Status: sometimes... news come unexpected | 2557 Comments
- Comment #2
- Quote
- Jun 25, 2018 11:40am Jun 25, 2018 11:40am
- Pipmasterfx
- | Joined May 2018 | Status: Member | 197 Comments
- Comment #3
- Quote
- Jun 25, 2018 8:46pm Jun 25, 2018 8:46pm
- Noober
- | Joined Apr 2016 | Status: Member | 58 Comments