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US Dollar Forecast: Sentiment Positive on AUD/USD, NZD/USD, Bearish on USD/CAD

July 14, 2023

Via: DailyFX

IG client sentiment data shows 45.50% of traders are net-long AUD/USD, with the ratio of short to long sitting at 1.20 to 1. The number of traders who are net-long is 21.36% below yesterday’s levels and 39.21% lower from last week, while the number of traders net-short is 38.32% higher than yesterday and 64.44% above what was recorded in the previous week.

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