Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Mar 28, 2023 when Wall Street traded near 32,430.10.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
Has Japanese Yen Weakened Enough? USD/JPY, EUR/JPY, GBP/JPY Price Action
The Japanese yen has run into strong support against some of its peers, raising the […]
US Dollar Crunched Post Fed Hike as Oil and Gold Rip Apart. New DXY Index Low?
The US Dollar descended again today after the market perceived the Fed to have delivered […]
Crude Oil Extends Slide in Asia; Is This Capitulation?
Crude oil extended its slide in Asia morning on continued worries regarding the demand for […]
Australian Dollar Price Setup: EUR/AUD, GBP/AUD, AUD/JPY
The Australian dollar has rebounded against some of its peers as the Reserve Bank of […]
Crude Oil Price Punished Ahead of Fed on Recession Fears. Will WTI Push Lower?
Crude oil is on the back foot as recession alarm bells are ringing with US […]
US Dollar Action Ahead of Fed Rate Decision: EUR/USD, GBP/USD, AUD/USD
Teaser: The US dollar’s trend broadly remains down ahead of the US Federal Reserve’s interest […]