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Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule:
View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/YWCclCZNPC
IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 82.15%, while traders in USD/JPY are at opposite extremes with 80.77%.
See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/Szf4Z3P8Km
US equity markets are starting off October and 4Q’22 on strong footing, while the US Dollar has dropped. Following August’s US JOLTs report, speculation has gathered pace that the Fed won’t hike rates as aggressively as feared over the coming months. https://www.dailyfx.com/forex/fundamental/article/weekly_spotlight/2022/10/04/do-markets-actually-care-about-us-jobs-data-dailyfx-analyst-chat.html
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.
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