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Analyst Interview: David Song on Portugal, the ECB, the Fed and ZIRP - DailyFX

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Analyst Interview: David Song on Portugal, the ECB, the Fed and ZIRP
DailyFX
How much has such a positioning influenced the recent gains in EURUSD? Indeed, the short squeeze in the EURUSD may have contributed the recent rise in the exchange rate, but the COT data should be taken with a grain of salt as it lags in nature.

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