Shorts Crushed As Dollar Surges, Euro Tumbles In Violent Trend Reversal | WHAT REALLY HAPPENED

Shorts Crushed As Dollar Surges, Euro Tumbles In Violent Trend Reversal

Following the worst month for the dollar in a decade, there has been a bout of position squaring as we start August, largely on the back of a slump in the Euro, which is down 200 pips in 2 days, and accelerating weakness in the Yen, which have sent the Bloomberg dollar index to its highest level in a week, surging the most since June 14.

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