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This post was published on ZYX Short Sell Change Alert. There is an extremely profitable long-term short euro dollar position from the time when euro was trading around 1.40.  As of this writing euro is trading around 1.07.  Considering that forex positions usually involve significant leverage, the profits are extraordinarily large. For those using

This post was published on ZYX Short Sell Change Alert.  Mario Draghi of ECB was more hawkish than the consensus in his press conference yesterday after ECB meeting.  Today we see euro strengthening against the dollar even after an extraordinarily strong jobs report. Market participants are beginning to think that monetary policy