Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.
Inflation is in focus this week, with the United States and China set to report CPI data. Central bank rate hike bets are being monitored after last week's wave of…
Dollar remains the darling amongst major currencies with a weakening Euro now down 7.2% against the USD YTD. Spotlight now turns to U.S. CPI for further guidance.
The US Dollar has been rising against the Singapore Dollar, Philippine Peso, Thai Baht and Indonesian Rupiah. Will momentum last as USD/SGD, USD/PHP, USD/THB and USD/IDR test resistance?