Daily Note

Currency Focus

Sep 1, 2020

Thomas Thornton

The narrative in the markets is all about the weak USD while positioning shows USD short positions at a 10 year high and bullish sentiment is at 12% bulls.

There are several USD indexes with DeMark exhaustion signals.

These still have not seen a turn however the evidence and fuel are there for a turn.

I’ll have the Daily Note out around 1pm ET today

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