Dollar positioning shifts as investors reduce shorts, BofA reports
Dollar positioning shifts as investors reduce shorts, BofA reports
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Dollar positioning shifts as investors reduce shorts, BofA reports
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Bybit, one of the top cryptocurrency exchanges in terms of trading volume, announced yesterday (Thursday) that it will terminate its products and services for French nationals and residents. The exchange cited “recent regulatory developments” by the country’s regulator behind its decision. Close-only to Liquidation The official announcement detailed that the exchange will restrict the accounts…
The session is not over yet for NZD and AUD traders, who have immediate data to digest before the Thanksgiving lull hits North American markets. NZD traders are bracing for the Retail Sales (Q3) release, which is imminent. With the RBNZ having just cut rates, this data will confirm if consumer spending is finally stabilizing….
2024.08.08 2024.08.08 Order Book: Concept, Operating Principle, and Depth of Market (DoM) Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ The price of an asset is shaped by supply and demand, and traders make their decisions based on their ratio. A list of buy and sell orders for a specific security or currency arranged according to a price level is known…
Investing.com – The US dollar has been on a tear since its late-September 2024 lows, and UBS thinks this near-term strength is likely to persist in the first half of the new year, with room to overshoot. At 06:15 ET (11:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other…
Intraday Analysis 24.04.2025 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
The EUR/USD outlook remains supported as Eurozone PMI data showed contraction in manufacturing but resilience in services. Fed officials remain divided on further cuts, keeping dollar strength in play. Market focus turns to U.S. GDP and PCE inflation for direction in EUR/USD. The EUR/USD outlook remains steady near the 1.1800 handle on Tuesday after bouncing…