The Traderszone Network

Published in TZ Latest News 4 September, 2014 by The TZ Newswire Staff

BofAML Closes EURUSD Short, Fears Squeeze Higher

It is “Mission Accomplished” for BofAML’s Macneil Curry’s EURUSD short. Thanks to Draghi’s moar-negative-rate-cut, EURUSUD pushed through Cury’s objective and we note has now stabilized at 14-month lows around 1.30 the figure. Curry’s fear now, given the extremes in sentiment and positioning, is that EURUSD squeezes notably higher.


Via BofAML,

Closing our €/$ short position 

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