Fundamental Point Of View
Strong Labour data, sticky inflation and a longer than expeted rate cut from the US leading to a stronger Dollar, Commitment of traders reports shows institutions are net long on the dollar and net short on EUR,, hence a long term sell bias on EURUSD.
Strong Labour data, sticky inflation and a longer than expeted rate cut from the US leading to a stronger Dollar, Commitment of traders reports shows institutions are net long on the dollar and net short on EUR,, hence a long term sell bias on EURUSD.