Intraday Market Thoughts

Latest HotChart on Soaring Net EUR Spec Shorts vs $EURUSD Spot

by Ashraf Laidi
Dec 9, 2011 21:10

Net speculative shorts in EUR vs USD have reached 85K contracts, the highest since mid June 2010, when EURUSD hit those cycle lows at 1.1870, coinciding with the 1st Greece bailout and the bottom in equities following the May Flash Crash. But the latest patterns merit another look. http://ashraflaidi.com/hot-chart/?a=2968

Ashraf Laidi

 
 

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