With Bets Against the Buck at Record Levels, Did Dollar Rally Begin Today?

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Whenever everyone is on one side of a trade, you can be sure a sharp reversal is only a matter of time. Traders entered today with near record short bets against the US dollar: CFTC Commitment of Traders data shows that speculators remain heavily net-short the US Dollar against the Euro, British Pound, Canadian Dollar, […]

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