Flash: EUR/USD positions closed ahead of ECB - Danske Bank

FXstreet.com (Barcelona) - Danske Bank strategists note that the IMM/CTFC data released on Friday showed particular action in EUR and USD.

Key Quotes

“The market had squared out some of the many speculative long USD positions that have been in place for a while.”

“Especially, short EUR/USD positions seem to have been closed ahead of the ECB meeting.”