Things are still pretty uncertain with the FED unwinding the balance sheet which has never been done before, the technical looks like a short for the euro for now and the COT reports are showing non-commercials pulling long positions and adding more shorts. It looks like there is still a down side to the euro. The yield curve widened on US treasuries.
Things to consider is that US equities are still high and a correction may come soon.
Things to consider is that US equities are still high and a correction may come soon.
Yorum:
COT BreakDown here can be found here. imgur.com/a/dUlotei