squeezing all the shorts, market getting ahead of itself

0.05 is 50c then and would have to be 400 pips up for that?

Yeah, ECB are due to cut in 2 weeks time yet the EU goes up

I am curious on that question as well...

And we are back where started….no rates cut expected bar one. Inflation lower in euro zone and likelihood of rates cut are better than the US….

Once thing I dont understand, pro dollar news, but it is back where is started before the news. Had this been negative dollar it would have been at 1.09 by now and not back where it was before.

wondering the same

Your thoughts on the sudden rise of the EU with no news backing it or purely risk on push?

I have sell entries from 0.95 but don’t mind handling due to the positive swap. Wondering how you managed your buys with negative swap?

March Fed cut down to 36% probability.

Fail to understand the bullish assumptions when EU is clearly heading for a recession. US is in far better shape and DXY has just got above 103.50 which is a key support area. Remain to see if it can close on a daily basis above that level and ...

The same breath, the European economy ain’t doing so well

CPI is hotter than expected which should support the dollar and EU rises. PPI softer than expected and EU rises, don’t understand that.

Markets getting ahead of itself.

At what point does this thing become overbought

This market is rigged......USD does not increase and USD tanks.......another recent interest rate decision, wont mention the currency as this is purely EU thread, and it strengthens......if the Euro strengthens on a pause.....definitely rigged.

I am trying to understand that when clearly EU is in worse shape than the US, headlines are all dire for the EU

With all the bad news within the EU dont see any reason to buy the euro

Prob no more hikes going forward and thats why it tanked

this is like watching paint try waiting for that 860 level to give way…