Traders increased net-long exposure to euro futures by over 18k contracts last week, and we suspect EUR/USD’s two-week rally has further to run. EUR futures: Large speculators increased their net-long exposure to euro futures by 18.6k contracts, making it the only major currency to see a weekly change above 3k. Gross longs have increased for […]
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AUD/USD is attempting a fresh increase from the 0.6370 support. NZD/USD is also rising and could aim for a move above the 0.5945 resistance. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar Read more…
Markets Markets of late gradually faced something what, with some exaggeration, one can label as ‘tentatively reflationary vibes’. For now, hard (US) eco data, despite the post-liberation Day trade escalation held up fairly well (US Read more…
The weekend brought good news. The negotiations between American and Chinese officials this weekend in Geneva went well – apparently – as US Treasury Secretary Bessent said that ‘substantial progress was made.’ The comments were Read more…