Sydney Tokyo London New York
real time forex news and technical analysis

The Euro remains heavily shorted by retail traders

EURUSD News by Allie Longford on 20:57 Octuber 15, 2017 EST

Retail traders remain aggressively short against the euro at the start of the third week of October. Instability in the old continent and a good strike for EURUSD are the reasons why traders remain bearish on the single currency.

On the other side of the spectrum are commodities like gold and silver being now bought with both hands.