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Article By: Marc Chandler
Wednesday, March 22, 2017 8:57 PM EDT
The gains the US dollar scored last month have been largely unwound against the major currencies. The dollar's losses against the yen are a bit greater, and it returned to levels not seen late last November.
Article By: Orbex
Wednesday, March 22, 2017 10:30 AM EDT
With Non-Commercial Sterling short positions hitting record levels but GBP still rising, it is worth taking some time to consider the underlying dynamics that are fuelling this disconnect between positioning and price action, starting first of all