Great Graphic: Is the Euro’s Consolidation a Base?
Speculators in the futures market are still net long the euro. They have not been net short since May 2017. In the spot market, the euro approached $1.15 in late-May and again in mid-June. Last week’s it dipped below $1.16 for the first time in July and Trump’s criticism of Fed policy saw it recover. …
Great Graphic: Is the Euro’s Consolidation a Base? Read More »