By Jeremy Boulton — Dec 09 - 06:10 AM
Traders wager $7.5 billion on euro dropping nL1N3NA057
Bearish bets act as restraint on a possible drop
While notable, the bet isn't big and could grow much larger
Past trends have been sustained with bets three times greater
The record bet is roughly four time bigger than current short
Probable limit for correction before move lower circa 1.0650
China's policy shift may fuel more demand for dollars
Source:
London Stock Exchange Group | Thomson Reuters