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Mario Draghi

2 Jun 2014

Large speculators further add to net shorts in euro futures, even as FXE seems ready for a bounce near-term

by hedgopia | posted in: Currency, Derivatives, Technicals | 0

The euro experienced a rather sharp downward move in May.  In the currency world, the two-and-a-half-percent decline (from early in the month until the trough two sessions ago) in a span of 15 sessions is big.  When FXE began to … Continued

Bundesbank, Commitment of Traders report, ECB, euro, FXE, Mario Draghi
8 May 2014

Path of least resistance for euro is down

by hedgopia | posted in: Credit, Currency, Economy, Technicals | 0

The euro has been in an incessant rally mode since July 2012, and particularly since July 2013.  This has surprised a lot of observers as this has come in the face of what in ordinary circumstances could/should have resulted in … Continued

10-year note, BoE, BoJ, ECB, euro, Federal Reserve, FXE, Mario Draghi, quantitative easing

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