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Oct 09 - 06:12 AM
EUR/USD - Seems ECB Blind To Obvious Risks, EUR/USD Traders Are Too
First appeared on eFXplus on Oct 09 - 03:55 AM
  • ECB baseline doesn't incl no-deal Brexit or escalation of trade tensions

  • De Guindos doesn't think inflation expectations de-anchoring nS8N26B02L

  • Inflation expectations have collapsed, hit record low after ECB cut rates

  • EUR/USD traders continue to doubt the likelihood EUR/USD falls IMM/FX

  • Few traders have bet on a drop all year and plenty still bet pair goes up

  • Number longs is not that far from the highest in over 12 months nL2N26U04B

EUR/USD longs Click here

Refinitiv IFR Research/Market Commentary


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