Asia Day Ahead: Promising US Inflation Progress Drives Upbeat Market Mood
Lower-than-expected read in US inflation suggests that the tightening cycle from the Fed thus far […]
US Dollar Forecast: EUR/USD, GBP/USD May Rise as Retail Traders Turn Bearish
The US Dollar is poised for its worst week since November 2022 and retail traders […]
EUR/USD IG Client Sentiment: Our data shows traders are now at their least net-long EUR/USD since Feb 01 when EUR/USD traded near 1.10.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
NZD/USD IG Client Sentiment: Our data shows traders are now net-short NZD/USD for the first time since May 11, 2023 when NZD/USD traded near 0.63.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
GBP/USD IG Client Sentiment: Our data shows traders are now at their least net-long GBP/USD since May 08 when GBP/USD traded near 1.26.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
US Dollar Slips While Japanese Yen Rallies Ahead of US CPI. New Lows for USD?
The US Dollar descent continued going into today’s much anticipated US CPI data point. The […]
Crude Oil Prices May Extend Gains as Retail Traders Turn More Bearish
Crude oil prices have taken gains this month so far to the best since October. […]