I am holding my US Dollar longs over the weekend. My short EUR/USD trade is currently at - 24 pips while my USD/CHF long is +7 pips in the green. The Dollar reversal during the last two days recovered most of my losses and propelled back in the top 10. I'm currently at number 8 spot!
It will be a volatile two weeks until the FOMC meeting on October 29th. Markets may overreact at every piece of news coming from the US. I am sticking with my EUR/USD shorts for now, as I expect ECB easing to weigh on the Euro.
It will be a volatile two weeks until the FOMC meeting on October 29th. Markets may overreact at every piece of news coming from the US. I am sticking with my EUR/USD shorts for now, as I expect ECB easing to weigh on the Euro.