CRUDE OIL PRICES OUTLOOK Oil prices extend losses for the second consecutive day, reversing most of Monday’s rally Despite the recent pullback, geopolitical tensions in the Middle East create a constructive backdrop for energy markets. This article looks at the key technical levels for oil to keep an eye on in the coming days. Trade
PIMCO said it was bullish on the performance of long-term bonds: continue to favour long-term bonds over the next year, as they provide high yields not seen for over a decade while offering a cushion against economic uncertainty and expectations inflation has peaked More: U.S. economic growth is expected to slow the remainder of 2023
Number of traders net-short has increased by 27.78% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI US 500 BULLISH 49.05% 50.95% -9.57% Daily -19.17% Weekly 11.44% Daily 27.78% Weekly 0.04% Daily -0.55% Weekly of clients are net long. of clients are net short. Change in Longs
USD/CAD PRICE, CHARTS AND ANALYSIS: The Loonie Appears to Have Run Out of Steam Ahead of US CPI Release. BoC Deputy Governor Issues Warning Around the Potential of Renewed Price Pressures. IG Client Sentiment Data Shows Retail Traders are Currently Net-Short with 60% of Traders Holding Short Positions. To Learn More About Price Action,Chart PatternsandMoving
Advantages Bollinger Bands are visually easy to interpret They can be used both as a volatility indicator and a momentum oscillator Bollinger Bands can be applied on any underlying asset across any time frame The indicator generates signals that not only provide precise entry levels, but also specify stop loss and take-profit zones Disadvantages Bollinger
© Reuters. On Wednesday, the euro appreciated against the U.S. dollar, influenced by a decrease in Treasury yields following dovish comments from Federal Reserve officials and anticipated Chinese stimulus measures. Atlanta Federal Reserve President Raphael Bostic, speaking at the American Bankers Association, expressed that no further interest rate hikes were necessary. This statement led to
Share: Canadian Dollar is easing off the pressure as Crude Oil prices soften. Canada economic data remains thin for the week, US data dominating the market. US inflation data to remain key market driver for the back half of the trading week. The Canadian Dollar (CAD) is stepping back slightly on Wednesday, giving
USD/JPY, GBP/JPY PRICE, CHARTS AND ANALYSIS: Most Read: Short USD/JPY: A Reprieve in the DXY Rally and FX Intervention by the BoJ (Top Trade Q4) USD/JPY, GBP/JPY FUNDAMENTAL BACKDROP The Japanese Yen has resumed its struggles following the Bond purchase offensive by the Bank of Japan (BoJ) on October 2. The biggest winner has actually
AUDUSD, W1 The USDIndex fell -0.23% on Tuesday and recorded a 1-week low. Yesterday, a rally in stocks and comments from Atlanta Fed President Bostic reinforcing speculation that the Fed is heading towards a pause in rate hikes, curbed demand for dollar liquidity. Nonetheless, the Dollar’s decline was limited as the ongoing turmoil in the
Interest rates are currently appropriate to get inflation to 2% in H2 2025 but door on rate hikes can’t be closed Talks on mandatory higher reserve requirements for banks are appropriate Italian spreads no unwarrated and not worrisome It’s a clear wait-and-see stance for the ECB and that’s no surprise for the market. لینک منبع
