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GBP/USD LONGS HEIGHTEN DOWNSIDE RISKS.
Menjadi Anggota Sejak Apr 04, 2020
22 postingan
Nov 02, 2021 at 07:16
Menjadi Anggota Sejak Apr 04, 2020
22 postingan
In the latest COT report, covering the week to October 26th, speculators reduced long exposure to the US Dollar for the third consecutive week as net longs fell $1.9bln. However, as I said in the prior week, the move looks to be an adjustment in positioning as opposed to a renewed downtrend in the greenback. With the Federal Reserve scheduled to taper QE purchases and Chair Powell beginning to flag inflation risks persisting longer than initially expected, the greenback is likely to retain a bid, particularly against low yielders.
Menjadi Anggota Sejak Jul 20, 2020
385 postingan
Nov 02, 2021 at 08:07
Menjadi Anggota Sejak Jul 20, 2020
385 postingan
There is massive news coming for GBP and also USD this week. This is going to be a very volatile one i think
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