Net EUR Short Position Soars To All Time Record, Implies "Fair Value" Of EURUSD Below 1.20
It was only a matter of time before the bearish sentiment in the European currency surpassed the previous record of -113,890 net non-commercial short contracts. Sure enough, the CFTC's COT report just announced that EUR shorts just soared by over 20% in the week ended December 13 to -116,457. This...
FF News: Fundamental