GBP/USD IG Client Sentiment: Our data shows traders are now at their least net-long GBP/USD since Nov 23 when GBP/USD traded near 1.21.
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 Jun 10, 2022 when NZD/USD traded near 0.64.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
EUR/USD: Euro Keeps Firm Tone on Weaker Dollar, Improved Economic Data
The Euro extends higher in early Thursday as the risk sentiment was boosted by comments […]
Australian Dollar Flies after Powell Speech
AUD/USD continues to power upwards and hit 10-week highs earlier today. The Australian dollar climbed […]
Dollar Index: Dollar Under Fresh Pressure from Less Hawkish than Expected Powell
The dollar index stabilized in early European trading on Thursday, after a gap lower opening […]
AUDUSD Targets 200-SMA after Solid November
AUDUSD jumped into the 0.6800 territory early on Thursday after a remarkable session in November, […]
WTI Oil Futures Bounce Off 11-Month Low
WTI oil futures (January delivery) have been stuck in a downtrend since mid-June when the price failed […]
Eurozone PMI manufacturing finalized at 47.1, welcome moderation in downturn intensity
Eurozone PMI Manufacturing was finalized at 47.1in November, up from October’s 46.4. Looking at some […]
Two Trades to Watch: DAX, USD/JPY
DAX rallies post-Federal Reserve Chair Jerome Powell’s speech After surging 8% across the month of […]
Flashing Green
We’re seeing green flashing across the board on Thursday, with sentiment buoyed by positive signals […]
Elliott Wave View: FTSE Looking to End 5 Waves
Short term Elliott Wave View in FTSE suggests the rally from 10.13.2022 low is unfolding […]
UK PMI manufacturing finalized at 46.5, further contraction, outlook darkened
UK PMI Manufacturing was finalized at 46.5 in November, up from October’s 46.2. S&P Global […]