geckler

EUR Squeeze Scenario

Long
FX:EURUSD   Euro / U.S. Dollar
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1
Have been very bearish on EUR generally over the last few years - early to SPA 5yr at 200bps etc - however one only needs to remember back to 2010 and last year to dial up a squeeze in EURUSD - GS put out note on Draghi presser day in early August Long EURUSD and again yesterday calling for further squeeze as CFTC data shows crowd leaning stuck short

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History repeats
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Agreed.
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