Forex

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 40-bullish contrarian trading bias.

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

The US dollar basket is around one big figure lower in European trade after decisive action and strong words from two of the world's largest central banks.

The BoJ’s Kuroda and prime minister Kishida met to discuss long standing issue of rapid moves in the yen. BoJ remains accommodative as USD/JPY reveals ‘evening star’

The Euro has found solid ground while the US Dollar eroded recent gains in the aftermath of an ECB rate hike amid the Fed and BoJ messaging the markets. Will…

A hefty 75 basis point rate hike from the ECB this past session didn't elicit the textbook response from EURUSD. The unrelenting pressure system supporting the Dollar between risk trends,…

The Chinese Yuan weakened as China reported softer CPI and PPI data for August. This is opening the door to more economic stimulus. Will USD/CNH resume the broader uptrend?

Failure to defend the defend the August low ($85.73) may lead to a further decline in the price of oil as it extends the series of lower highs and lows…

The New Zealand Dollar fell alongside its APAC peers during a volatile US trading session. A relief rally may be in the cards soon. APAC market sentiment may shift on…

EUR/USD appears to be reversing ahead of the December 2002 low (0.9859) as it preserves the series of higher highs and lows from earlier this week.