Thursday , 18 April 2024

Tag Archives: FX trading

Major USD Downside Correction Coming Soon? "Crowded Trade" Suggests So

The latest CFTC report shows an extraordinarily high net long US dollar open interest in the futures markets...[which] is starting to increasingly look like a "crowded trade". That makes the dollar quite vulnerable to a downside correction. [As such,] any hint of incremental monetary easing by the Fed that involves balance sheet expansion could force a violent reversal....Words: 410

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