Author: David Graham
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the Credit market.
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www.forexlive.com [...]
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Our knowledge reveals merchants at the moment are net-short EUR/CHF for the primary time since Dec 02, 2019 when EUR/CHF traded close to 1.10.
Variety of merchants net-short has elevated by 13.04% from final week.
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