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US 500 IG Client Sentiment: Our data shows traders are now net-long US 500 for the first time since Jan 11, 2023 18:00 GMT when US 500 traded near 3,965.94.

US 500 IG Client Sentiment: Our data shows traders are now net-long US 500 for the first time since Jan 11, 2023 18:00 GMT when US 500 traded near 3,965.94.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bear...
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GBPUSD Slips But Remains Well Bid On Interest Rate Bets

GBPUSD Slips But Remains Well Bid On Interest Rate Bets

A lack of UK economic news has seen the Pound retreat a little, but it remains well supported close to six-month highs...
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US Dollar (DXY) Latest: Weak Rebound off the Multi-Month Low, Slowdown Fears Grow

US Dollar (DXY) Latest: Weak Rebound off the Multi-Month Low, Slowdown Fears Grow

The US dollar’s latest attempt to push higher has been met with apathy and with US Treasury yields falling further, the path of least resistance for...
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EUR/USD Forecast: Upcoming ECB Minutes to Augment Hawkish Bets?

EUR/USD Forecast: Upcoming ECB Minutes to Augment Hawkish Bets?

EUR/USD remains elevated ahead of key ECB releases. How much further can the euro go?...
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EUR/USD Technical Outlook: At Crossroads

EUR/USD Technical Outlook: At Crossroads

The Euro’s failure to extend gains against the US dollar following data last week that showed the dip in US inflation reinforces the near-term range...
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Crude Oil Prices Spooked by US Data, IEA Report as WTI Turns to EIA Inventories

Crude Oil Prices Spooked by US Data, IEA Report as WTI Turns to EIA Inventories

Crude oil prices sank the most in 2 weeks as softer US data and an IEA report on a global supply glut spooked traders. Ahead, will EIA inventories fur...
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The US Dollar Bounces Back as Recession Fears Swirl. Where to for USD?

The US Dollar Bounces Back as Recession Fears Swirl. Where to for USD?

The US Dollar took back some ground today after staring at new lows in the wake of disappointing data before Federal Reserve speakers got active. Wher...
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Japanese Yen Technical Outlook: What’s Next For USD/JPY After BoJ?

Japanese Yen Technical Outlook: What’s Next For USD/JPY After BoJ?

Wednesday’s failure of the Japanese yen to sustain losses against the US dollar could be a reflection of the mood prevailing since the end of 2022. ...
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Australian Dollar Dipped After Slight Miss on Jobs Data. Where to for AUD/USD?

Australian Dollar Dipped After Slight Miss on Jobs Data. Where to for AUD/USD?

The Australian Dollar skipped a beat after domestic jobs data revealed the unemployment rate nudged up to 3.5% as the US Dollar continues to impact AU...
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