The 13 week index is at 100, which indicates a sentiment extreme (optimism extreme in this case).
This is bearish for the euro (sentiment can remain extreme for a number of weeks though).
[B]Implications:[/B] bearish
The 13 week index is at 100, which indicates a sentiment extreme (optimism extreme in this case).
This is bearish for the euro (sentiment can remain extreme for a number of weeks though).
[B]Implications:[/B] bearish