At extreme levels, however, the data doesn't look correct... I'm certain it is the most extreme since 2005!
Would love to learn how to make this Green for + and Red for -... If anybody knows please advise!
The risk of a rapid correction is significantly greater with positioning at such extremes!
The EUR stood near a three-month low ahead of a European Central Bank decision (rate announcement: 11:45 GMT, press conference: 12:30 GMT). Today’s Q&A session will be closely scrutinized in the wake of recent tapering speculation. Top ECB officials denied the Governing Council discussed a possible tapering of asset purchases. Therefore, we cannot expect ECB...
Commercials are positioned near historical extremes. One would expect this to represent an opportunity long-term on the other side of the hedgers.