forex institutional

EURUSD Non-Commercials reversed their net short positions in the Euro last week buying 15k contracts to take the total position to 8k contracts. Last week’s change in positioning marks a dramatic shift in sentiment for EUR as the market readies itself for the ECB to announce this week that it is tapering QE to 15 billion EUR per month from ...

2018-09-10 James Harte Read more
forex TRY

In the latest “flash-crash” episode for the market, the Turkish Lira suffered a sharp and sudden fall overnight plunging around 13% against the US Dollar. TRY has been under increasing pressure this year as a stronger US Dollar and domestic economic concerns have weighed on prices, with the CBRT seemingly unable to stop the declines with their p...

2018-08-10 James Harte Read more
Australian Dollar_AUDUSD_2403

The Australian dollar was seen re-testing the familiar 0.7680 resistance level after prices previously pulled back falling to a 7-week low. The price action near 0.7680 remains critical as AUDUSD has chalked out a symmetrical triangle pattern with the possibility of a bullish breakout. The Aussie managed to keep its gains despite the U.S. Feder...

2017-03-24 John Benjamin Read more