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EUR/USD Shorts Unwind, US Dollar Bears Favour USD/JPY Weakness - COT Report

Apr 06, 2020

At the end of March, the CFTC highlighted that the build-up in US Dollar bearish positioning to $9bln had been led by a sizeable increase ($1.9bln) in Euro net longs. Subsequently, this marks the largest bullish bet on the Euro since June 2018.

British Pound (GBP) Latest: GBP/USD Stable Despite UK PM Fears, FTSE 100 Rallies

Apr 06, 2020

GBP/USD bounced off the 1.2200/1.2210 area in early trade, despite weekend news that UK PM Boris Johnson had been hospitalized with ongoing coronavirus symptoms.

Crude Oil Prices Rise As Hopes Endure For Russia, Saudi Deal

Apr 06, 2020

Crude oil prices rose through Monday’s Asia Pacific session as investors clearly retain some hope that the price war between Russia and Saudi Arabia which has piled pressure on a market already wrecked by the coronavirus can be brought to an end.

EUR/USD May Fall on Eurozone Consumer Confidence Data

Apr 06, 2020

US equity futures pointed higher heading into Asia’s Monday trading session after reports showed coronavirus deaths from countries with the highest infected rates slowed

EUR/USD Price Analysis: Euro trades in 8-day’s lows around 1.0800 handle

Apr 06, 2020

EUR/USD is under pressure below the 1.0900 figure while trading below the main DMA (daily simple moving average) as DXY (US dollar index) is consolidating gains this Monday.

USD/JPY Price Analysis: US dollar trades in 5-day’s highs vs. yen amidst better market mood

Apr 06, 2020

USD/JPY is trading above the main SMAs as the market is attempting to stabilize above the 107.00 handle amid better market mood with major stock indices up at the start of the new week.

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