July 18, 2024
Via: DailyFXThe European Central Bank left all three key ECB interest rates unchanged today, fully in line with market expectations. The ECB recognised that some measures of underlying inflation ‘ticked up in May’ but added that ‘most measures were either stable […]
July 2, 2024
Via: DailyFXRecent retail trading data indicates that 57.14% of traders have taken long positions on EUR/USD, with a ratio of 1.33 long traders for every short trader. The number of long positions has increased by 26.08% since yesterday and 6.42% since last […]
June 20, 2024
Via: DailyFXAccording to the latest IG retail trader data, 54.49% of traders hold a net-long position, with the ratio of long to short traders at 1.20 to 1. The number of net-long traders has decreased by 0.84% compared to the previous […]
January 23, 2024
Via: DailyFXEUR/USD has been moving lower this week, but has so far managed to hold above its 200-day simple moving average near 1.0840. For sentiment around the euro to improve, the bulls have to protect this floor at all costs; failure […]