USD bears are getting a short squeeze
BBDXY vs FX Futures Net Spec USD Positioning pic.twitter.com/yDeARH9fKS
— Alessio (@AlessioTMAD) September 27, 2020
Global stocks have lost $2.4tn in mkt cap this week, almost equal to GDP of France, as investors position ahead of elections instead of ahead of vaccine, & grapple w/mkt concentration risk that built up over summer & on Dollar strength, meaning mkt value outside US is devalued. pic.twitter.com/UD6HYLTfkz
— Holger Zschaepitz (@Schuldensuehner) September 27, 2020
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