Euro FX positioning sits at the 0th percentile of its two-year range, short, and the Swiss franc at the 4th, short, while E-mini Nasdaq 100 sits at the 97th percentile, long. Three one-way trades, all at the edge of the range. The 30-year auction on 8 October graded B+ with a 72.32 percent foreign bid, so demand for duration held. If the 9 December FOMC moves the dollar, those extremes are what gets repriced.
§ THE READ · NOVEMBER 9, 2026
Euro FX positioning sits at the 0th percentile of its two-year range, short,…
Acid Capitalist·Published NOV 9, 2026 · 15:35 UTC·1 min read