AUD/USD IG Client Sentiment: Our data shows traders are now net-short AUD/USD for the first time since Dec 15, 2022 when AUD/USD traded near 0.67.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
EUR/USD: A deep correction tends to 1.090
In the long term, the EURUSD currency is expected to form a bearish cycle impulse, […]
Swiss Franc Showing Strength
Market activity is subdued on Wednesday in thin post-holiday trade. In the European session, USD/CHF […]
GBP/USD Started a Downside Correction
The British Pound started a downside correction from the 1.2120 zone against the US Dollar. […]
Yen Extends Losses after Summary of Opinions
The Japanese yen continues to lose ground this week and is in negative territory on […]
GBPUSD Battles with 200-Dday SMA as Pullback Extends
GBPUSD has been edging higher after finding its feet at the all-time low of 1.0324 in […]
USDJPY Rises, But Outlook Still Cloudy
USDJPY is set for another green day, being halfway below last week’s pre-crash levels at […]
Dow Jones 30 Stays in Range
The Dow Jones treads water as thinning liquidity and few economic data keep investors at […]
USD/JPY Recoups Losses
The US dollar regained some lost ground on the back of rising Treasury yields. The […]
Chinese Reopening Story is Not All Rosy
Yesterday, Russia finally responded to the EU’s price cap on its oil exports, saying that […]
USD/CAD Breaks Key Support, Risk of More Downsides
Key Highlights USD/CAD started a fresh decline from the 1.3685 zone. It traded below a […]
US 10-year yield rebounds with USD/JPY
US 10-year yield rose notably overnight, ending up 0.109 at 3.860. The rally was believed […]