Forex Ninja

Thanks to the intel shared by a few of my honorary ninja buddies, here’s an updated list of adjustments being made by forex brokers ahead of the Brexit vote.

The value of net bullish bets on the Greenback surged during the week ending on June 7, 2016. And the latest COT forex positioning report from the CFTC shows that the Greenback took large chunks of ground from the pound and the euro.

The latest COT forex positioning report from the CFTC shows that the Greenback had a more mixed performance. However, the value of net bullish bets on the Greenback rose overall. More bulls for the NFP slaughter.

Perhaps there’s some truth to the “Sell in May and go away” phenomenon as trading volumes slumped last month, but here’s why the headline figures weren’t all that bad.

After six weeks, large speculators are now net bullish on the Greenback again. And the latest COT forex positioning report from the CFTC shows that the Greenback’s net gains in positioning were at the expense of the yen, the Aussie, and the euro.

The value of net bearish bets on the Greenback got slashed for the second straight week. And the latest COT forex positioning report from the CFTC shows that the Greenback was able to push back against all its forex rivals, especially the Aussie dollar.

Are intermarket correlations still holding up these days? Take a look at these charts to see how some alliances are starting to break.

Large speculators trimmed the value of their net bearish bets on the Greenback, and the latest COT forex positioning report from the CFTC shows that the Greenback was able to take a large chunk of ground from the Aussie.

The latest COT forex positioning report from the CFTC reveals that the Greenback had a more mixed performance, although it lost a large chunk of ground to the euro.

After a bit of a rough time in March, the forex industry had a pretty shaky recovery in April based on trading volumes from a few brokers and exchanges.