Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bullish contrarian trading bias.
It is another busy week ahead for traders, with several potentially high-impact events that could shift market sentiment and Fed rate hike bets. July closed out with strong gains for…
Crude oil is softer today after Chinese activity data missed forecasts ahead of this week's OPEC+ meeting. Will an equity market rally push the Fed to a more hawkish stance?