Iran is switching to Euros

I'm surprised the euro is in a free fall lately . This could be the start of a change on the world reserve currency. Yet the market is ignoring it

 

cause everybody is already long euros. Spec long in euros per CFTC is a few contracts off a record.

 

Market is well aware of the reserve story.

 

free fall?

 

I just see a normal correction in the rise
of the euro.