COT: USD selling continues but EUR eases pressure — #SaxoStrats

Leveraged funds using IMM currency futures extended the selling of USD into a fifth week. The gross dollar long has now halved during this time. Renewed selling of EUR however helped ease the pressure on the Greenback during the week ending February 7. The IMM CAD net-long meanwhile hit a 4-year high.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/cot-usd-selling-continues-but-eur-eases-pressure-saxostrats-8471402?utm_medium=tf4-feed&utm_source=extract