Saturday December 17, 2016 - 17:46:42 GMT
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One Reason Why the EURUSD Fell Sharply After the FOMC Decision
This Chart fascinates me. These are positions as of the close the day before the Fed hiking decision. Look at the spot EURUSD line trend and compare it to net shorts. There is a disconnect here with net shorts FALLING as the EURUSD declines. The reduction in EURUSD shorts might go a long way to explaining why the EURUSD fell so sharply following an as expected Fed policy decision.
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