Tag Archives: EUR

Leveraged Funds Positioning Data

Leveraged funds saw the biggest weekly increase in net long USD positioning since February 2013.

In the week ahead, investors will be continuing to monitor geopolitical risk, while preliminary data on second quarter growth from

• The market is shifting to an increasingly bullish view of the USD; with the net USD position rising to $26bn

As in the Dollar, the Euro was short term technically overdone and in need of some technical corrective action.

The Euro remains under a liquidation threat from further knock on slowing from Russian sanctions but

The Euro is entrenching in a downward motion on its charts and the flow of European scheduled data solidifies the bearish environment.

Italy in recession, German economy slowing down.

In a telling reaction, the Euro has remained under pressure overnight despite generally favorable Eurozone retail sales and PMI results.

The Euro temporarily benefited from the some what disappointing US Non-farm payroll results at the endof last week.

Leveraged funds turned net long in USD for the first time since mid-June ahead of the nonfarm payrolls release.

In the week ahead, investors will be focusing on the outcomes of a spate of central bank meetings,

• Bearish position building in EUR and JPY dominated the shifts in investor sentiment this week,