S&P 500, FTSE 100, GBP/JPY Forecasts: Retail Trader Positioning Signals

The S&P 500 could accelerate its advance while the FTSE 100 risks extending losses based on signals from IG Client Sentiment. GBP/JPY may also decline as upside exposure increases.

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Australian Dollar Spiked Lower as Australia Enters First Recession in 29 Years

The Australian Dollar spike lower after second quarter GDP confirmed the country had entered its first recession in almost 30 years.

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Dow Jones Climbs on Strong ISM Data, ASX 200 Eyes GDP Figure

The Dow Jones Industrial Average climbed 0.76% after the release of an upbeat ISM Manufacturing PMI reading. Australia’s ASX 200 Index fluctuated ahead of the 2Q GDP figure.

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USD/CAD Rate Eyes January Low as RSI Flirts with Oversold Territory

USD/CAD appears to be on track to test the January low (1.2957) as the Relative Strength Index (RSI) flirts with oversold territory.

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USD/CAD Rate Eyes January Low as RSI Flirts with Oversold Territory

USD/CAD appears to be on track to test the January low (1.2957) as the Relative Strength Index (RSI) flirts with oversold territory.

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