Euro FX shorts sit at the 0th percentile of their two-year COT range, with the Swiss Franc at the 2nd and the Canadian Dollar at the 3rd. The 30-Year auction on 8 October drew a foreign bid of 72.32 percent and graded B+. Foreign buyers showed up for long duration while currency positioning crowded one side. If the 9 December FOMC, 39 days out, loosens the dollar's grip, those shorts are the trade that has to cover.