Submitted by Mark Chandler, from marctomarkets.com There are two main drivers behind the price action in the foreign exchange market and they will likely persist in the days ahead. First, there continues to be position adjustment ahead of the what promises to be eventful few weeks. Second, the release of the minutes from the August 1 …
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Tag Archive: FX Positioning
Net Speculative Positions , Global Markets and Outlook, week from August 20
Currency Positioning and Outlook, week from August 20 Submitted by Mark Chandler, from marctomarkets.com The market is like expectant parents who don’t know the gender of the fetus. They know something big is around the corner, but they don’t have enough information to make some important decisions. They can contemplate the future, but there …
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Net Speculative Positions and Technical Analysis,week from August 6
Currency Positioning and Technical Analysis, week from August6 Submitted by Marc Chandler from MarctoMarkets.com The overall technical tone of the US dollar is suspect. During the last few months, it has been trending lower against the dollar-bloc currencies, Canadian and Australian dollars and the Mexican peso. The greenback has trended higher against the euro and Swiss …
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