April 2023 – Page 2

USD/CAD IG Client Sentiment: Our data shows traders are now net-short USD/CAD for the first time since Apr 10, 2023 19:00 GMT when USD/CAD traded near 1.35.

April 20, 2023

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading …

Cryptocurrency

Cryptocurrency: CME to offer ‘one-day options’ on Bitcoin, Ether. Expiries every week day.

April 17, 2023

CME Group is to list bitcoin and ether options that expire each day of the week from May 22, pending regulatory review CME’s standard bitcoin …

Sentiment

GBP/USD IG Client Sentiment: Our data shows traders are now net-long GBP/USD for the first time since Mar 17, 2023 when GBP/USD traded near 1.22.

April 17, 2023

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bearish contrarian trading …

Market Outlook - Asian Market

US Dollar Continues to Get Punished as Traders Feel No Need for Safety as Stocks Soar

April 13, 2023

Traders continued punishing the US Dollar amid a lack of reason for safety as the Dow Jones, S&P 500 and Nasdaq 100 soared on Thursday. …

Sentiment

Gold IG Client Sentiment: Our data shows traders are now at their least net-long Gold since Apr 05 when Gold traded near 2,020.37.

April 13, 2023

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Gold-bullish contrarian trading …

Cryptocurrency

Bitcoin consolidates above and below 30K. Traders looking for the next shove.

April 12, 2023

The price of Bitcoin ran higher on Monday, after a long consolidation period that squeezed a downward sloping trend line toward a rising support trend …

Sentiment

USD/CHF IG Client Sentiment: Our data shows traders are now at their most net-long USD/CHF since Jan 18 when USD/CHF traded near 0.92.

April 12, 2023

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bearish contrarian trading …

Market Outlook - Asian Market

US Dollar Extends Rise as Liquidity Comes Back and Markets Absorb NFP Report

April 10, 2023

The US Dollar gained on Monday as liquidity came back online and markets fully absorbed Friday’s non-farm payrolls report. Will DXY’s momentum hold ahead?

Cryptocurrency

Bitcoin on the move, above US$29.5K

April 10, 2023

Crypto adding to its recent gains in early Asia morning time. Bitcoin on approach to $30K: I’ve not got any fresh news on it at …

Market Outlook - North American Market

Can the Japanese Yen rely on its safe-haven appeal in Q2 – Will USD retaliate?

April 10, 2023

While the BoJ is expected to maintain the current status quo throughout Q2, the focus remains on the Fed’s next move.

Market Outlook - Asian Market

Australian Dollar Drops as Currency Markets Await US NFPs, Will AUD/USD Keep Going?

April 7, 2023

The Australian Dollar fell as US jobless claims data briefly jittered markets ahead of the highly anticipated non-farm payrolls report. Will AUD/USD extend lower next?