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Robin Brooks observes that market positioning currently shows a significant long stance on the Dollar, but not against the Euro as is typically seen.
He notes that speculative positioning is now mostly flat against the Euro, with notable long Dollar positions instead concentrated versus the Yen, British Pound and Canadian Dollar.
Brooks has recently assessed commodity price trends, stating that Brent crude prices are likely to stay in the $80-90 range due to persistent war-related risks. He previously commented that recent panic in oil prices occurred without new developments since the Strait closure. These observations reflect his broader focus on risk and positioning across markets.