Asia FX firms, dollar sinks on bets of no more Fed rate hikes By Investing.com

© Reuters Investing.com– Most Asian currencies strengthened on Thursday, while the dollar fell sharply after mixed signals from the Federal Reserve ramped up bets that the central bank will not raise interest rates further.  The was among the best performers for the day, surging 0.7% and blazing past weaker-than-expected .  Markets were growing increasingly confident

Asia FX muted as PMIs boost dollar, Aussie rises on rate hike bets By Investing.com

Investing.com– Most Asian currencies fell slightly on Wednesday as strong overnight data boosted the dollar, while the Australian dollar rose sharply as a strong inflation reading fueled expectations for an interest rate hike in November.  The jumped 0.5% as data showed inflation grew slightly more than expected in the third quarter. The reading came just

XAU/USD May Rise as Retail Bets Turn Less Net-Long

Gold, Retail Trader Positioning, Technical Analysis – IGCS Update: Gold prices on course for best week since March Retail trader bets are now shifting more bearish A Death Cross remains in play on daily chart Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices are up over 2.3 percent this week so far,

XAU/USD Remains Vulnerable to Retail Trader Positioning Bets

Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices aiming for best week since mid-July Yet, outlook remains bearish based on retail bets What are key technical levels to watch ahead? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast At +1.5%, gold prices are so far on course for the best week

Euro 2-Day Rally Sees Retail Bets Become Slightly More Bearish, Will EUR/USD Rise?

Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro experienced best 2 days since the middle of September Recently, retail traders have started to build downside bets While that may be a bullish signal, downtrend remains intact Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro climbed for a second trading

USD/CAD Rally Seemingly Supported by Bearish Retail Bets

Canadian Dollar, USD/CAD, Technical Analysis, Retail Trader Positioning – IGCS Update Canadian Dollar heading for worst 2-weeks since mid-February Meanwhile, retail traders continue to increase downside exposure USD/CAD achieves key bullish breakout, but momentum fading Recommended by Daniel Dubrovsky Get Your Free USD Forecast The Canadian Dollar is heading towards its worst 2-week period against

AUD/USD May Fall After Support Breakout, Retail Bullish Bets

Australian Dollar, AUD/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Australian Dollar on course for worst week since mid-June Retail traders continue to build increasingly bullish exposure AUD/USD breaks under key support, more pain to come? Recommended by Daniel Dubrovsky Get Your Free AUD Forecast The Australian Dollar is on course to drop about