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USD/CAD IG Client Sentiment: Our data shows traders are now net-short USD/CAD for the first time since Aug 23, 2021 when USD/CAD traded near 1.27.

Posted by By 20/09/2021Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading bias.
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Stocks Hit as Evergrande Risk Begins to Spread

Posted by By 20/09/2021Posted inForex
The S&P 500 is trading at a fresh monthly low before US markets have opened for the day. Risk from Evergrande is spreading around the world and the Fed is…
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US Dollar Technical Outlook: DXY Running Towards New Yearly Highs

Posted by By 20/09/2021Posted inForex
The USD rally continues to bring the DXY closer to the yearly high; will it stall again soon or pick up more steam?
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Bitcoin (BTC) Slumps Through Support, Alt-Coins Crumble, Heavy Losses Seen

Posted by By 20/09/2021Posted inForex
Bitcoin fell back through its recent Fibonacci support level and may re-test the $43k level unless dip buyers appear once more.
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USD/CHF IG Client Sentiment: Our data shows traders are now at their least net-long USD/CHF since Aug 13 when USD/CHF traded near 0.92.

Posted by By 20/09/2021Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bullish contrarian trading bias.
Read More

USD/ZAR Outlook: Rand Tanks as Safe-Haven Assets are Bid – Evergrande

Posted by By 20/09/2021Posted inForex
Evergrande has riled markets since last week as debt concerns grow, hitting commodities and many EM currency pairs in the process. USD/ZAR continues rally as rand falls.
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US Dollar Soars, CAD Slammed, China Risks Dictating Price Action

Posted by By 20/09/2021Posted inForex
China risks weigh on risk appetite, USD soars, CAD slammed ahead of Canadian Election
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USD/CHF IG Client Sentiment: Our data shows traders are now net-short USD/CHF for the first time since Aug 13, 2021 when USD/CHF traded near 0.92.

Posted by By 20/09/2021Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bullish contrarian trading bias.
Read More

Evergrande Contagion Fears Take Over Market Sentiment, Global Stocks Dip

Posted by By 20/09/2021Posted inForex
Global markets trade deeply in the red as investors focus on the ongoing Evergrande saga
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Hang Seng Index Tanks on Evergrande Contagion Fears, Central Banks Ahead. Will Risk Assets Go Lower?

Posted by By 20/09/2021Posted inForex
The Hang Seng Index tumbled under the weight of an expanding Evergrande credit crisis amid growing fallout fears. Will risk assets like AUD/JPY be undermined?
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