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Despite general improvement in European data flow, EUR/USD continued to ease off after better than expected US economic data (and weaker Q1'16 Euro-Zone GDP data). Moving forward, the thinnest market positioning in two years leaves plenty of room for EUR/USD to fall.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/forecast/weekly/eur/2016/05/15/EURUSD-Continues-to-Ease-Off---Market-Least-Short-Since-May-2014.html?DFXfeeds=forex:fundamental:forecast:weekly:eur
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