04 September, 2018 14:32
Sterling keeps plunging on Tuesday
The sterling continues downward movement vs the US dollar on Tuesday. For now, the rate stands at 1.2822. The inflation hearing will be held in the UK Parliament today, though the results of this meeting will be unveiled later this day. Meanwhile, the market remains concerned about the Brexit development, as unrest is expanding as documents are practically completed...
03 September, 2018 17:47
Further decline seems to be easy way out for sterling
The sterling stays depressed during the Monday trading, having started sliding later last week. The current situation is partly based on a weaker greenback which faces moderate demand compared to the majors. The players are becoming focused on the Brexit now, with the risks affecting the currency non-stop.
03 September, 2018 16:05
Large CME funds doubt bitcoin rise - COT
The Commodity Futures Trading Commission (CFTC) released the Commitments of Traders (COT) for the week ending last Tuesday. Non-commercial traders raised net short position on bitcoin contracts 170 to 440. Large speculators have been expanding net positions for the second week in a row after a 3-week decline. The net position has peaked since the end of July.
03 September, 2018 10:48
Weekly analysis for GBP-USD – COT
The Commodity Futures Trading Commission (CFTC) released the Commitments of Traders (COT) for the week ending last Tuesday. Non-commercial traders raised net short position on GBP/USD contracts 4,000 to 74,200. Large speculators have been expanding net positions for the sixth week in a row. Net short positions have peaked since last May.
31 August, 2018 16:38
Euro keeps sliding at week-end
The euro-to-US dollar exchange has remained weak at the end of the week with the decline only gathering pace. Specifically, the rate was recorded at some $1.1636. The euro-area reports failed to bring optimism. According to the released figures, the preliminary inflation in August was 2.0% y-o-y, while the outlook was voiced at 2.1% y-o-y.
30 August, 2018 17:19
Sterling sales on rise can make sense now
Following the Wednesday's hikes to monthly highs and new peaks of 1.3043 posted at the start of the European trading, the sterling has generally got steady. However, the currency shows some decline with strong attempts to take roots near the 1.30 handle. In case of the break of this level bulls will be able to move further to 1.3070, which may be a barrier before 1.31.
30 August, 2018 16:30
Australian dollar depressed on Thursday
Australian dollar stays depressed vs the US dollar in the second half of the week, though all active sales were recorded at morning trading. The rate stands now at some 0.7281. The number of construction licenses collapsed in Australian in July, following quite positive figures a month before. Specifically, the level dropped 5.2% m-o-m, against the upturn of 6.8% m-o-m observed earlier.
29 August, 2018 14:46
US dollar just needs driver to hike
The US dollar trading is slow on Wednesday. The currency makes some upward attempts boosted by optimistic signs observed yesterday. The players still do not plan to expand dollar buying, though it is possible that demand can rebound over the coming days.
28 August, 2018 17:00
Sterling posts some gains on Tuesday
The sterling keeps gaining grounds against the US dollar on Tuesday. For now, the exchange rate stays at some 1.2927. The British currency had hard times this month. Specifically, it was excessively oversold, but the influence becomes visible only now. Still, the sterling has a good chance for a rebound, though the room for the increase is definitely limited.
28 August, 2018 16:01
US dollar depressed by Donald Trump statements
The US dollar keeps weakening beginning from last week, which plays into hands of raw exchanges. Specifically, the downward movement was initiated by the statement of US President Donald Trump, when he expressed grievances against the bullish position of the US Federal Reserve. US dollar bulls saw no positive signs from the minutes of Fed meeting either.
27 August, 2018 17:48
Large CME funds resume bitcoin sales
The Commodity Futures Trading Commission (CFTC) released the Commitments of Traders (COT) for the week ending last Tuesday. Non-commercial traders reduced net short position on bitcoin contracts by 40 to 260. Large speculators have started raising net positions after a 3-week decline. Net short positions have recovered from the early-April bottom.
27 August, 2018 12:31
Weekly analysis for Japanese yen – COT
The Commodity Futures Trading Commission (CFTC) released the Commitments of Traders (COT) for the week ending last Tuesday. Non-commercial traders cut net short position on yen contracts 11,000 to 52,000. Large speculators have been reducing net positions for the fourth week in a row. Net short positions have become the lowest since mid-July.