Fading the "De-Dollarization" narrative.
COT data shows that people are now net long £ for the first time in a while. Everyone and their mother (literally) is blabbing on about De-Dollarization. Idk if theres merit to the idea but who cares, these people are usually wrong when it comes to direction.
Its unlikely to be this extreme of a drop, will keep this post up to date.
Its unlikely to be this extreme of a drop, will keep this post up to date.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.