EUR/CHF IG Client Sentiment: Our data shows traders are now net-short EUR/CHF for the first time since Apr 25, 2024 when EUR/CHF traded near 0.98.

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

EUR/CHF IG Client Sentiment: Our data shows traders are now net-short EUR/CHF for the first time since Apr 25, 2024 when EUR/CHF traded near 0.98.Retail trader data shows 49.18% of traders are net-long with the ratio of traders short to long at 1.03 to 1.traded near 0.98, price has moved 0.34% higher since then. The number of traders net-long is 6.67% lower than yesterday and 10.64% lower from last week, while the number of traders net-short is 6.37% higher than yesterday and 13.

Our data shows traders are now net-short EUR/CHF for the first time since Apr 25, 2024 when EUR/CHF traded near 0.98. NZD/USD IG Client Sentiment: Our data shows traders are now net-short NZD/USD for the first time since Mar 12, 2024 when NZD/USD traded near 0.61.Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.

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