Filed Under:
Forex pairs in this Article » (Barcelona) - The shared currency is trading almost unchanged from last Friday, hovering over the area of 1.3310/15, as thin trade prevails on absent euro docket and the MLK holiday in the US.

According to the last CFTC COT report, Senior Currency Strategist Jane Foley at Rabobank explains "Net EUR positions again turned positive last week. This was consistent with the better tone of the euro which had been exhibited in the spot market"

"Although net USD longs consolidated at fairly low levels, the greenback again managed to avoid dropping back into negative territory", concludes the expert.
comments powered by Disqus