Currency Positioning and Outlook, week of August 13 Submitted by Marc Chandler from MarctoMarkets.com Market positioning in the week ending August 10 suggests that speculators in the futures market generally agree with our assessment that ECB President Draghi’s recent proposal was not a game changer. The recent pattern continued. Essentially what this entails is buying …
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Tag Archive: Technical Analysis
Net Speculative Positions and Technical Analysis,week from August 6
Currency Positioning and Technical Analysis, week from August6 Submitted by Marc Chandler from MarctoMarkets.com The overall technical tone of the US dollar is suspect. During the last few months, it has been trending lower against the dollar-bloc currencies, Canadian and Australian dollars and the Mexican peso. The greenback has trended higher against the euro and Swiss …
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