Share: Australian Dollar falls to a temporary support level against the US Dollar on Thursday. The Aussie is relieved by upbeat Australian trade balance data and Chinese services sector PMIs. The general market mood remains depressed, however, broadly favoring the USD over the AUD. The Australian Dollar (AUD) finds temporary support against the US
Number of traders net-short has increased by 25.38% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI USD/CAD BULLISH 49.94% 50.06% -1.43% Daily -13.93% Weekly 3.75% Daily 25.38% Weekly 1.10% Daily 2.09% Weekly of clients are net long. of clients are net short. Change in Longs Shorts
USD/CAD ANLAYSIS & TALKING POINTS BoC looks to economic data for guidance. Canadian and US manufacturing in focus today. Rising wedge gives hope to CAD bulls. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter CANADIAN DOLLAR FUNDAMENTAL BACKDROP The Canadian dollar
JULY NONFARM PAYROLLS REPORT The U.S. Bureau of Labor Statistics will release the July employment survey on Friday The U.S. economy is expected to have added 200,000 jobs last month, following a gain of 209,000 jobs in June. The strength of the report relative to market expectations will determine the outlook for gold and the
© Reuters Investing.com – The U.S. dollar slipped lower in volatile European trade Wednesday, as traders digested Fitch’s downgrade of its U.S. sovereign rating as well as relatively strong economic data. At 03:05 ET (07:05 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 101.983, but
Number of traders net-short has decreased by 19.87% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI FTSE 100 BEARISH 51.06% 48.94% 19.84% Daily 15.59% Weekly -18.55% Daily -19.87% Weekly -2.62% Daily -4.99% Weekly of clients are net long. of clients are net short. Change in Longs
© Reuters Investing.com – The U.S. dollar edged higher in early European trade Tuesday, while sterling fell as U.K. house prices slumped sharply as rising interest rates weighed. At 03:20 ET (07:20 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher at 101.865, after hitting a fresh
© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar advanced against major currencies on Tuesday after relatively solid data on U.S. manufacturing and construction offset a decline in job openings last
Share: Kit Juckes, Chief Global FX Strategist at Société Générale, analyzes the EUR outlook. EUR/USD needs help from the data calendar or else… The Euro comes into August with short-term rate differentials drifting against it and long EUR futures positions looking vulnerable. Something needs to happen to boost confidence in another 25 bps
STOP! From December 19th, 2022, this website is no longer intended for residents of the United States. Content on this site is not a solicitation to trade or open an account with any US-based brokerage or trading firm By selecting the box below, you are confirming that you are not a resident of the United
