By Jeremy Boulton — Aug 18 - 02:45 AM
Big markets are sending signs of rising risk aversion nL1N39Z0CF
FX traders may be inclined to pare risk further
Traders have bet over $20 billion EUR/USD rises
The unwinding of long position has been weighing in August
The target for a correction of Sep-July gains is 1.0608
Source:
Refinitiv IFR Research/Market Commentary