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May 16 - 03:55 AM

EUR/USD - Traders Have Reverted To A Terrible Position

By Jeremy Boulton  —  May 16 - 02:15 AM
  • Week to May 10 traders buy EUR/USD dip IMM/FX

  • Biggest one-week positioning swing favour euro since August last year

  • Since taper talk in May 2021 traders have repeatedly bought, pair drops

  • EUR/USD has hit new low at 1.0349 EBS since latest long established

  • When traders are long weigh downside risk is exceptionally high

EURUSD and longs Click here

Refinitiv IFR Research/Market Commentary


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