DislikedIt's interesting to look at, but I think I would cautious about thinking too long on EURO based on COT. All we need is an indication that EURO will start buying their bonds as US FED has, and quantitative easing gets a hold of EURO valuation.Ignored
I doubt that could happen. The ECB doesn't issue any.
So how do they decide how many Bund's/OAT's/BTP's/etc to buy?
Like someone labeled the euro - it is a currency without a country.
Problems brewing underneath the surface if world economies continue slide.
It is why I still think the US with all its debt becomes a safe haven. Crazy I know, but it is what it is.
Sun