The Illuminati is heavily long the Euro

Quote from atticus:

If you have to ask. They're fungible; can be arbitraged. 27B is nothing. It's less than 2% of the DAILY OTC spot volume. That number doesn't include fwds, swaps, vanilla or exotic options.
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it could be nothing for the spot,but why do you compare ass with the finger?

:D :D
 
Quote from hkrahra:

FUTURES ONLY POSITIONS AS OF 12/27/11

:D
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numbnut. It's a drop of piss in the ocean. It's meaningless. If you don't get it now you never will. Also useless if one attempts to extrapolate the futures OI to OTC. GIGO.
 
Quote from Covertibility:

Commitment of Traders Report

EURO FX - CHICAGO MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 12/27/11

COMMERCIAL

Long 204,337 74%
Short 47,710 17.3%

Some say this the largest position in the Euro since its creation. Swiss franc is lopsided too. They appear to hatin' the Aussie dollar.


It appears the death of the Euro will not happen this year.
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it aint just the illuminati, everybody hates AUD, I'm not sure why. It could be their annoying accents. The fact that they cut rates didn't help.
 
Quote from oldtime:

it aint just the illuminati, everybody hates AUD, I'm not sure why. It could be their annoying accents. The fact that they cut rates didn't help.
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Everything the Aussies dig up is sent to China. China slows down, Australia slows down.
 
Quote from Covertibility:

Everything the Aussies dig up is sent to China. China slows down, Australia slows down.
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maybe so, but I'm selling some more EUR/AUD today
 
Quote from Mvector:

The "ratio" of the open interest for march 6E contract is well out of any norms - that was my point
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Good long liquidation today into gapped up 6E activity - long positions held are degrading so open interest ratio is shifting to short bias majority. What a perfect gap up they were able to sell into covering out long positions today. ;-)
 
I'm short euraud from 2857, I think they'll be a good selling opportunity sometime tonight after NY closes, probably around 20:00 est
 
Quote from Covertibility:

Commitment of Traders Report

EURO FX - CHICAGO MERCANTILE EXCHANGE
FUTURES ONLY POSITIONS AS OF 12/27/11

COMMERCIAL

Long 204,337 74%
Short 47,710 17.3%

Some say this the largest position in the Euro since its creation. Swiss franc is lopsided too. They appear to hatin' the Aussie dollar.


It appears the death of the Euro will not happen this year.
More...

it seems that hedge funds are on the other side of this trade.
http://edition.cnn.com/2012/01/02/business/euro-bets-against/index.html
 
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