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

[ad_1] 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

Euro Plunges After US CPI Data, Leaving EUR/USD at Risk Amid More Bullish Retail Bets

[ad_1] Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro plunges most since early October on US CPI data In response, retail traders boosted upside EUR/USD bets Prices also rejected the key falling trendline from July Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro plunged over 0.8 percent against the

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

[ad_1] 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

XAU/USD Remains Vulnerable to Retail Trader Positioning Bets

[ad_1] 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

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

[ad_1] 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

USD/CAD Rally Seemingly Supported by Bearish Retail Bets

[ad_1] 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

Crude Oil Eyeing 7 Percent Drop this Week So Far as Retail Bets Becoming More Bullish

[ad_1] Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices on course for worst week since mid-March Retail traders recently turned net-long WTI, a bearish sign Prices broke under key moving averages, where too? Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Crude oil prices are on course

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

[ad_1] 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