woensdag 9 augustus 2017

EURUSD Tumbles Below 1.17 As Near-Record Longs Begin Unwind;

For the first time since July 28th, following the post-FOMC surge to 1.19, EURUSD has dropped back to a 1.16 handle...


And EURCHF is really tumbling...


As it appears the near-record long speculative position in the euro is starting to unwind...


The question is; what happens next?