USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Apr 10, 2024 when USD/CAD traded near 1.37.

  • 📰 DailyFX
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

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

Our data shows traders are now net-long USD/CAD for the first time since Apr 10, 2024 when USD/CAD traded near 1.37. AUD/JPY IG Client Sentiment: Our data shows traders are now at their least net-long AUD/JPY since Jun 19 when AUD/JPY traded near 97.22.Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Nov 02, 2023 when Wall Street traded near 33,825.70.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Information presented by DailyFX Limited should be construed as market commentary, merely observing economical, political and market conditions. This information is made available for informational purposes only. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 305. in ERROR

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

USD/CAD depreciates to near 1.3750 on improved risk sentiment amid weaker crude OilUSD/CAD extends its losses for the second consecutive session on Thursday, trading around 1.3750 during the Asian session.
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/CAD side-steps geopolitical geopolitical volatility to trade little changedUSD/CAD is trading in the 1.3750s after edging lower on Friday.
Source: FXStreetNews - 🏆 14. / 72 Read more »

USD/CAD remains under selling pressure below 1.3530 amid weaker US Dollar, higher oil pricesThe USD/CAD pair trades on a softer note near 1.3520 on Thursday during the early Asian trading hours.
Source: FXStreetNews - 🏆 14. / 72 Read more »