News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.64%, while traders in France 40 are at opposite extremes with 78.21%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/7kvnpUR5Lp
  • Federal Reserve: Responses indicate that bank lending standards have eased notably since 2020
  • Federal Reserve: - Commercial real estate loans are in higher demand - Banks reported having eased standards and terms on commercial, industrial, and household loans during Q2
  • Federal Reserve: - Lending standards are at the easier end of the historic range - Commercial and industrial loans are in higher demand
  • Gold Price Forecast: XAU Gears Up for NFP, Can Bulls Bid the Break? https://www.dailyfx.com/forex/technical/home/analysis/xau-usd/2021/08/02/Gold-Price-Forecast-Gold-Gears-Up-for-NFP-Can-Bulls-Bid-the-Break.html $Gold https://t.co/OCWUzF0Xkb
  • 🇧🇷 Balance of Trade (JUL) Actual: $7.4B Expected: $8.694B Previous: $10.4B https://www.dailyfx.com/economic-calendar#2021-08-02
  • Indices Update: As of 18:00, these are your best and worst performers based on the London trading schedule: US 500: 0.00% Wall Street: -0.00% France 40: -0.12% FTSE 100: -0.20% Germany 30: -0.24% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/Z5KAuK8IjC
  • Nasdaq, Dow Jones, S&P 500 gap higher to start August trading in positive territory. Get your market update from @RichDvorakFX here:https://t.co/uLKKosCwow https://t.co/32qjSjtZiC
  • NY Fed accepts $921.32 billion in reverse repo operations $USD $DXY
  • Heads Up:🇧🇷 Balance of Trade (JUL) due at 18:00 GMT (15min) Expected: $8.694B Previous: $10.4B https://www.dailyfx.com/economic-calendar#2021-08-02
Forex Positioning Warns that the US Dollar May Lose Further

Forex Positioning Warns that the US Dollar May Lose Further

David Rodriguez, Head of Product

- Retail FX traders scale back their US Dollar-short positions

- Watch for the potential of a key turn versus the Euro and other majors

- Why do we use retail sentiment as a contrarian indicator? View our guide and download here

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

View individual currency sections:

EURUSD - Euro Nears Turning Point as Sentiment Shift

GBPJPY - British Pound Forecast to Gain further versus Japanese Yen

USDCAD - US Dollar Remains in Control versus Canadian Dollar

SPX500 - S&P 500 Likely to Hit Fresh Peaks

NZDUSD - New Zealand Dollar Outlook Turns Positive

XAUUSD - Gold Price Forecast to Hit Further Lows

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

Forex Positioning Warns that the US Dollar May Lose Further

Retail FX traders have scaled back their one-sided positioning versus the US Dollar. Here’s why we think the Greenback may soon turn lower versus the Euro and other key counterparts.

Why and how do we use the SSI in trading? View our video and download the free indicator here

Forex Positioning Warns that the US Dollar May Lose Further

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

Contact David via

Twitter at http://www.twitter.com/DRodriguezFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES