Category in AUD,NZD

Sticking with buy-dip strategy in AUD/USD, Gold and Cable

I don’t see anything to change my medium-term macro view that the USD will come under increasing pressure in the months ahead. The market has had another look at the “Euro demise” trade but this got very overcrowded and is starting to unwind after the EZ fiscal stimulus package announcement. AUD/USD is still my favourite play,

FX Market Sentiment & Positioning; week to 26th Jan 2018

Our proprietary analysis of online and social media sentiment in the major FX pairs shows a disparity between professional and non-professional traders. USD sentiment remains 50:50 with professional traders whilst the bears are clearly in charge at 32:68 amongst the retail trading community. Positioning data does not yet support the sentiment measure in either the