- The most recent COT report shows that EUR shorts increased in the week to April 17th, to be at their largest level in 2 months
- Unofficial tally of retail platforms done on Friday afternoon suggested that the retail trader was tending towards being long EUR/USD (anyone able to confirm/deny this report?)
- Prime Brokers report that spot positioning amongst professional players has reduced by almost 20% in the past week, but the market remains short overall
Edit: If you read Peter’s comments below it would suggest that positioning on two of the bigger platforms remains very long of USD and is not EUR/USD long as I’ve suggested above.
