Wait, What? The Crowd Sometimes Gets It Right?

Wait, What? The Crowd Sometimes Gets It Right?

Via Kevin Muir of “The Macro Tourist” fame Over the past quarter, the Euro currency has rallied a little more than 9%. It’s been a steady slog higher, with barely a pause. Have a look at the ranking of the major currencies’ performance against the US dollar over the past few months. It’s all Euro (or pseudo-European) currencies at the top. And this hasn’t gone unnoticed by traders. Back in April, speculative traders were leaning short the Euro. But that’s changed, and
Subscribe or log in to read the rest of this content.

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.