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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
probably Hildebrand's wife is buying aussie:-)..
I don't have a clue yet why aussie is so strong.
EUR rs looks weak today but I don't see USDx going higher maybe EURUSD is at bottom of range. If no Ezone bank (Italy) goes belly up I think EURUSD trades aren't profitable.
yes it is indeed for AUD.. and for Cat and Sir already:-)
gimme.. hope you make it too:-)..
only in low leverage aj carry posi for now..
those trade weights not unusual gimme..not much cash to maintain those levels....
AND trading is enjoyment for me........perfect life passenger...................................................>
CFTC Commitment of Traders data shows that speculative futures traders are their most net-long the US Dollar against the Euro on record. And though sentiment extremes are only clear in hindsight, there is real risk that the USD could see significant pullbacks on any sudden EURUSD short covering.
Typically we see highs and lows for the month set in the first and last week of the period. If the USD trades significantly lower, we could see a larger pullback into the final week of January. - Dailyfx