Tuesday, 9 July 2019

GBP Most Bearish Currency, CAD Longs Surge - COT Report

Speculators slash USD bullish positions, while CAD positioning flips to bullish for the first time since March 2018. Most shorted currency is GBP amid weak data, rising no-deal Brexit risks and dovish BoE.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...