Hello to everyone who is interested in what stuff I'm about to write here: Let's suppose that the eurusd now is 1.2 and after the FED release of hiking the rates it's pulling down strong to 1.19. I think everyone in such situation would buy usd and sell euro, i.e. going short. Net total positions of forex brokers need to be covered in the real forex market. The questions is by whom...of course by the banks...those who provide the liquidity by the spread we all pay to them. In such situations when everyone going short, banks need to buy euro and by that time make losses. First of all, I want to know if I'm right. If yes, I'm sure they cover their losses...the question is how...may be by doing market maker things opposite to what many traders/analytics think and eager to show what they think. Your comments please.