For the first time since July 28th, following the post-FOMC surge to 1.19, EUR/USD has dropped back to a 1.16 handle.
For the first time since July 28th, following the post-FOMC surge to 1.19, EURUSD has dropped back to a 1.16 handle...
And EURCHF is really tumbling...
As it appears the near-record long speculative position in the euro is starting to unwind...
The question is - what happens next?
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