The dollar's failure to hold gains through hawkish Fed and BoE signals is not fundamental weakness but a function of record-crowded euro and yen shorts (most stretched since data began for euro, 96th percentile for yen), leaving the dollar short asymmetrically exposed to a squeeze rather than further weakness.

Co by ją obaliło

If EUR/USD and USD/JPY continue extending in their current direction without any squeeze or reversal over the coming week despite these extreme positioning readings, the crowded-short thesis fails.

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Testowana ponownie

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To jest własny, datowany rejestr zespołu, rozliczany o dane rynkowe. Opis tezy badawczej, nie porada inwestycyjna.