Hedge funds removed another slice of their bullish dollar pie last week, not least against the yen where it was almost wiped out. Euro selling resumed ahead of last week's ECB meeting, bringing a reduction in both long and short positions. That highlights the current lack of conviction as to where the world's most-traded currency pair goes next.
from Ole Hansen - Authored content http://ift.tt/1JOccKX
COT: Bullish dollar bets cut further
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