Forex

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/JPY-bearish contrarian trading bias.

Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.

The U.S. markets are hovering in record territory, continuing to respect the trend until there are signs it may change.

Softer USD largely dictating price action, EUR/GBP pushing lower on receding no deal risks.

European equities outperform the US as they have greater room to grow from coronavirus-led drops

USDJPY has fallen back below 104.00 on a combination of dollar sellers and Yen buyers with the greenback eyeing a near three-year low.

UK inflation data came in above expectations, suggesting the recent climb in GBP/USD will continue unless the EU-UK talks on their post-Brexit relationship stall.

The USD/CAD exchange rate may continue to slide lower on vaccine optimism and resilient crude oil prices ahead of Canadian consumer price growth data for October.

Gold pricesedged lower, threatening chart support below US$ 1,900 as Covid-19 vaccine hopes weighed on prices. Singapore registered a large fall in bullion exports in October.

Despite the S&P 500 and Dow Jones recently setting new highs, retail positioning does not seem to be supporting their momentum. What are key levels to watch ahead?