United Kingdom CFTC GBP NC Net Positions: £35.2K vs previous £35.4K
United Kingdom CFTC GBP NC Net Positions: £35.2K vs previous £35.4K
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Author: parmaks
BofA: An eventful June with euro upside risks
EUR/USD daily Bank of America remains broadly constructive on the euro, particularly versus the USD, CHF, and JPY, as geopolitical events and fiscal developments in Europe provide tailwinds. While the EUR may look overvalued by traditional models, structural buyers and asymmetric USD risks suggest further gains are possible into the NATO and EU summits later this month. Key Points:…
Eurozone CFTC EUR NC Net Positions climbed from previous €79.5K to €82.8K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
ThinkMarkets to Launch Traders’ Gym on its Mobile App
ThinkMarkets, a global leader in online CFD trading, continues to strengthen its position in the industry by enhancing its proprietary platform with the upcoming launch of Traders’ Gym, its exclusive backtesting tool, on the ThinkTrader mobile app for iOS and Android this Monday. This means traders will soon be able to backtest their trading strategies 24/7 in realtime –…
United States CFTC Gold NC Net Positions climbed from previous $174.2K to $187.9K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
If Nasdaq was a mascot
If Nasdaq was a mascot This is what it may have looked like now, and what it would say… Not a time to short this market yet. This is an opinion that bulls are in control and where they’re headed. This is not financial advice. Do your own research. As always, any investment or trade in Nasdaq or related…
Soars to weekly high, near 145.00 on hot US jobs report
USD/JPY climbs 0.87% to 144.83, nearing breakout above the Ichimoku Cloud. Strong US jobs report and higher Treasury yields fuel Greenback’s rally. Bulls eye 146.00 and May 29 high at 146.28 as next upside targets. USD/JPY extended its uptrend for two consecutive days, with the major currency pair reaching a new weekly high of 145.09, driven by solid US…
European equity close: Slow and steady
Closing changes on the day: STOXX 600 +0.3% German DAX, -0.1% France’s CAC +0.1% UK’s FTSE 100 +0.1% Spain’s IBEX +0.25% Italy’s FTSE MIB +0.5% On the week: STOXX 600 +0.9 German DAX, +1.2% France’s CAC +0.7% UK’s FTSE 100 +0.7% Spain’s IBEX +0.6% Italy’s FTSE MIB +1.2% There weren’t any fireworks in European stock markets this week but…
Mexican Peso remains firm against the Greenback with USD/MXN below 19.20
The Mexican Peso extends its gains against the US Dollar as markets adopt a ‘risk-on’ sentiment following the easing of US-China tensions. USD/MXN remains in a short-term bearish trend below 19.20. US-Mexico tensions remain in focus next week as Mexico condemns 50% tariffs on steel and aluminium imports to the US. The Mexican Peso (MXN) is experiencing its third…
This probably ends how it always ends
I’m open to two vastly diverging views here: 1) Debt and deficits don’t matter because of AI The view is that AI will make people so productive and efficient that government debt won’t be a problem. It’s a positive take on progress in a world that’s now seen many generations of positive impacts from technology. 2) We’re monetizing The…
