Not much of a fall there, still lots of euro shorts to be squeezed. From the CFTC Commitments of Traders report:
- JPY +56.7K vs +44.4K
- GBP -26.2K vs -31.4K
- AUD +78.0K vs +69.5K
- NZD +14.8K vs +12.9K
- CHF -11.2K vs -12.5K
- CAD -19.4K vs -18.9K
Not much of a fall there, still lots of euro shorts to be squeezed. From the CFTC Commitments of Traders report:
Most Popular
Sponsored
XPRO beats EPS estimates, revenue dips 6% YoY. Valuation & FCF volatility raise concerns.
VAC beats revenue estimates but misses EPS. Full-year EBITDA guidance beats, but Q1 EBITDA fell short. Stock flat.
Apple eyes Intel/Samsung for US chip production amid supply woes. Intel jumps 4% on talks.
Bitcoin hits $81K, but 66-day negative funding hints at institutional demand, not fear. Shorts pay 12% carry.
LDOS beats Q1 revenue/EPS estimates, lifts guidance. Backlog grows 4.5%. Stock up 1.3%.
SMH surges 32% on AI chip demand. TSM, ASML, LRCX beat, INTC soars 114%. Valuations high, but earnings growth expected.
Hormuz closure sparks oil shortage fears. Brent near $115, WTI $105. Spirit Airlines grounded by fuel costs.
Sponsored
Must Read