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Large players increased the value of their net short positions on USD. And the latest COT report from the CFTC shows that USD lost ground mainly to CAD.
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It’s been a while since I last wrote an update on bitcoin and other digital currencies, so here’s a quick rundown of what’s been happening so far.
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Large speculators finally became net short on the Greenback. And the latest COT report shows that the pushback against the Greenback was still broad-based.
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What is up with commodity prices these days and why are correlated currencies marching to a different beat? Here’s a quick look at their price action.
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Net bullish bias on USD deteriorated further, thanks to improving sentiment on CAD. JPY lost even more ground as fresh shorts jumped in, however.
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Net long positions on USD fell below the $1 billion mark. And the latest COT report shows that the USD lost ground against everything except yen.
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Forex price action cruised slowly for the most part of June before kicking into high gear towards the end of the month. How did this affect trading volumes?
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The value of net long positions on the Greenback got slashed and the latest COT report shows that the Greenback lost ground mainly to the Loonie.
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Staying in sync with market sentiment has been as tough as keeping up with the Kardashians these days, so I’ve rounded up a few tools that might help us out.
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The value of net long positions on the Greenback got a boost mainly at the euro’s expense as fresh euro bears came charging in.
Read MoreA man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do.Bob Dylan