Monday, May 4, 2009

The Debts of the Spenders: Dollar Bears Return

Another great post by Ms. Lien. She includes the Commitment of Traders (COT) analysis (which I discussed on a related segment about grains) that shows dollar bears are returning:

The most recent IMM Commitment of Traders report shows that USD longs were cut back substantially. This suggests that traders are starting to turn dollar bearish which is in line with the recent improvements in risk appetite.



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