August 17, 2020 at 07:59PM
EUR/USD: EUR speculative long is extreme; what’s next? – SocGen
Heavy speculative positioning in the euro
Societe Generale Research discusses the .
"The Recovery Fund was a significant step in the right direction for
Europe, and we have a very non-consensus view of Europa/US growth
differentials that underpins a long-term bullish euro view. But," SocGen adds.