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16.01.2018 • 13:00 GMT+3
Dollar's Pain Continues Despite Closed US Markets, Positioning Hits Extremes
John Kicklighter
• US markets were closed for the MLK holiday, which cooled 'risk' trends but did not absolve the US Dollar from its pain
• COT figures show record longs in EUR/USD and Oil, heaviest net long GBP/USD since August 2015, biggest AUD/USD jump since May 2015
• Event risk is still thin through Tuesday, but themes are plenty and key technicals (like EUR/USD break or Brent at 70) pulsate
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