numbnut. It's a drop of piss in the ocean. It's meaningless. If you don't get it now you never will. Also useless if one attempts to extrapolate the futures OI to OTC. GIGO.
it aint just the illuminati, everybody hates AUD, I'm not sure why. It could be their annoying accents. The fact that they cut rates didn't help.
Good long liquidation today into gapped up 6E activity - long positions held are degrading so open interest ratio is shifting to short bias majority. What a perfect gap up they were able to sell into covering out long positions today. ;-)
I'm short euraud from 2857, I think they'll be a good selling opportunity sometime tonight after NY closes, probably around 20:00 est
it seems that hedge funds are on the other side of this trade. http://edition.cnn.com/2012/01/02/business/euro-bets-against/index.html