USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Jun 04, 2024 when USD/CAD traded near 1.37.

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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.

USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Jun 04, 2024 when USD/CAD traded near 1.37.Retail trader data shows 50.59% of traders are net-long with the ratio of traders long to short at 1.02 to 1.traded near 1.37, price has moved 0.05% higher since then. The number of traders net-long is 14.10% higher than yesterday and 53.21% higher from last week, while the number of traders net-short is 15.86% lower than yesterday and 19.

Our data shows traders are now net-long USD/CAD for the first time since Jun 04, 2024 when USD/CAD traded near 1.37. France 40 IG Client Sentiment: Our data shows traders are now net-short France 40 for the first time since Jun 13, 2024 11:00 GMT when France 40 traded near 7,716.10.GBP/USD IG Client Sentiment: Our data shows traders are now net-long GBP/USD for the first time since May 14, 2024 when GBP/USD traded near 1.26.

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