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Jul 27 - 05:55 AM

EUR/USD - Traders Are Long But Not Too Long, Not Yet

By Jeremy Boulton  —  Jul 27 - 03:45 AM
  • By July 21 EUR/USD traders were long EUR 15.4bln IMM/FX

  • Largest ever long position (2018) is EUR 20 bln

  • Largest position on record (2015 short) was EUR 25.9bln

  • EUR is considered safe and safe assets currently appealing nL2N2EY06Q

  • Drop for China's currency helps EUR nL2N2EY07D

  • EUR/USD rally has reached an important level nL2N2EY07S

  • One day the number of longs will help influence a reverse nL2N2EV0B3


EUR/USD bets Click here

Source:
Refinitiv IFR Research/Market Commentary

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