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mohsinqureshii

Basket Of USD Shorts Definition

By mohsinqureshii, in Trading Dictionary

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mohsinqureshii    10

mohsinqureshii
Posted

A Basket of Dollar Shorts shows that a trader is bearish on the US Dollar in relation to more than one currency. This investor is unsure which currency will be the strongest in the coming trend but there is a large degree of certainty that the US Dollar will weaken. This type of position is reflective of a general market stance that is usually based on macro economic fundamentals and is often seen in “risk taking” market environments.

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