Similar Posts
Swissie Wins: CHF Demand Spikes as Traders Shun Dollar – ActionForex
As Macron noted, this trading week initiates what many call the new world disorder – “A world without rules”. This shift arguably began with Russia’s invasion of Ukraine, but the precedent has only deepened. With Trump landing in Davos tomorrow for the WEF, global leaders are voicing strong concerns about the current geopolitical landscape. The…
Euro Speculator Bets hit 2024 High as Brazilian Real Bets Rebound, CAD Bets Decline
By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday May 13th and shows a quick view of how large market participants (for-profit speculators and commercial traders) were positioned in the futures markets….
Gold Holds at October Lows Amid Shifting Rate Expectations
By RoboForex Analytical Department On Wednesday, gold traded around 3,940 USD per troy ounce, stabilising near its lowest levels since early October. The precious metal remains under pressure from a recalibration of interest rate expectations, as markets adopt a more cautious outlook on further easing by the Federal Reserve. Several Fed officials have recently struck…
ECB’s Vujcic sees market pricing of rate cuts as “reasonable” – Action Forex
Croatian ECB Governing Council member Boris Vujcic commented on market expectations for rate cuts during a webinar today, noting that the recent repricing from four to five cuts this year to three to four cuts seems “reasonable.” He added, “I don’t feel uncomfortable with the current market pricing,” acknowledging the alignment between market sentiment and…
GBP/USD Lower as BoE Holds Rates – Action Forex
The British pound is lower on Thursday. GBP/USD is trading at 1.2683 in the North American session at the time of writing, down 0.29% on the day. The Bank of England held rates at today’s meeting, as expected. There are no releases out of the US today. Bank of England stays pat There were no…
