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CURRENCIES Euro (EUR/USD) analysis: French bond yields starting to move higher. Euro edges lower as markets wait for specifics. French election results and market impact: The recent French election resulted in a shock, leaving financial markets vulnerable. Contrary to expectations …
CURRENCIES GBP/USD retail trader data: Net-long position: 43.40% Short-to-long ratio: 1.30 to 1 Net-long traders: Decreased by 18.07% since yesterday Decreased by 0.62% from last week Net-short traders: Increased by 23.53% since yesterday Decreased by 2.02% from last week Contrarian …
CURRENCIES USD/JPY: Data shows a significant majority of clients are net short. Change in longs/shorts/open interest (OI): Daily: longs +8%, shorts +1%, OI +2% Weekly: longs +19%, shorts +6%, OI +9% Implications for price action: Despite the bearish sentiment, there …
CURRENCIES French election outcomes: The right-wing National Rally (NR) party secured nearly 34% of the vote. The left-wing New Popular Front garnered just over 28%. President Macron’s alliance came third with around 21%. NR is close to the 289 seats …
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