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USD Selling Is A Crowded Trade

avatar of @charcoalbuffet
25
@charcoalbuffet
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1 min read

Guess what the three most crowded trades out there now are?

  • long tech
  • Short USD
  • long bitcoin

I can understand the first and the third but the second one baffles me.

If anything, I would be buying USD now as it's relatively cheap compared to other currencies.

Usdchf is at 0.88. Just a few years ago, it was 1.2.