Canadian Dollar (CAD) Struggling Against the US Dollar, Running Over The Euro
The Canadian dollar is at a multi-year high against the Euro, but is finding life difficult against a rampant US dollar.
Gold Price Analysis: Fed Appointment, Rate Hike Expectations & Strong USD Weigh on Gold
Gold looks unlikely to break above 1800 with the recent rise in treasury yields across the board and a rampant dollar keeping it at bay
Natural Gas Outlook: U.S. Sanctions on Nord Stream 2 Push LNG Higher
Natural Gas has broken above a key level after weather forecasts and uncertainty around Russian NDS 2 LNG supply to Europe supports the U.S. gas benchmark (Henry Hub).
FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Nov 17, 2021 09:00 GMT when FTSE 100 traded near 7,282.40.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bullish contrarian trading bias.
British Pound (GBP) Price Outlook: GBP/USD Brushes Off Government Setback
GBP/USD is stabilizing after its recent falls despite an upset for Boris Johnson in Parliament, but there’s a risk the Pound could suffer longer-term from growing pressures on the UK…
Crude Oil Prices Up on Limp Reserves Release, PCE and FOMC Minutes Eyed
Crude oil prices rose after a US-led effort to release reserves underwhelmed. US PCE inflation data and November’s FOMC meeting minutes may revive selling pressure.
Japanese Yen Hit by Crude Oil, US Dollar and US Yields Impacts. Where to for USD/JPY?
The Japanese Yen has been under pressure but found some respite today as US Treasury yields pulled back from their highs. Will USD/JPY make new highs?
Sentiment Analysis for Forex Trading
Find out how forex sentiment analysis can help traders understand and act on price behavior.
Gold Prices Hit by Rising US Yields Lifting the US Dollar. Will XAU/USD Go Lower?
Gold prices moved lower in the aftermath of Fed leadership resolution that pushed Treasury yields and the US Dollar higher. Will XAU/USD weaken?
Dow Jones, S&P 500 Outlook: Will Retail Traders Flip Net-Long as Thanksgiving Nears?
Retail traders remain net-short the Dow Jones and S&P 500, but this exposure is slightly fading ahead of the Thanksgiving Day holiday. Is this a sign of weakness to come…