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COT 03/03

Monday, 03 March 2008 21:15:32 GMT

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Written by Jamie Saettele, Currency Analyst

Signal: Bullish

03-03-08cot3

EUR: Interestingly, positioning regarding the Euro does not mirror that of the USD.  The 52 wek and 13 week indexes are at 10 and 42 and havbe just turned up from 0.  This suggests that the Euro could continue to gain for weeks, but not necessarily against the dollar.  Look for longs in the EUR / commodity crosses.

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