EUR/USD Weakness Continues as The US Dollar Catches a Pre-FOMC Bid

The latest set of hard Euro-Zone data confirmed the ongoing weakness in the single-block, while German exports crashed to a series low. EUR/USD continues to move lower ahead of Wednesday’s FOMC mee…

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GBP/JPY IG Client Sentiment: Our data shows traders are now at their least net-long GBP/JPY since Apr 16 when GBP/JPY traded near 134.73.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/JPY-bullish contrarian trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/3cOcZyd
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EUR/USD IG Client Sentiment: Our data shows traders are now at their least net-long EUR/USD since May 29 when EUR/USD traded near 1.11.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/37dOAAZ
via IFTTT