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Euro boosted by falling energy prices, MUFG says short-covering risk is increasing

Euro boosted by falling energy prices, MUFG says short-covering risk is increasing

智通财经智通财经2026/11/10 09:37
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Lee Hardman of MUFG pointed out that as declining energy prices ease external pressures on the eurozone economy, the Euro (EUR) has rebounded. Leveraged funds are holding significant short positions in the Euro, and once energy concerns subside, the Euro may face the risk of short covering.
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