United States CFTC Gold NC Net Positions fell from previous $203.5K to $188.2K
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Japan CFTC JPY NC Net Positions: ¥-81.1K vs ¥-105K
Japan CFTC JPY NC Net Positions: ¥-81.1K vs ¥-105K
United States CFTC Oil NC Net Positions declined to 151.6K from previous 169K
United States CFTC Oil NC Net Positions declined to 151.6K from previous 169K
United Kingdom CFTC GBP NC Net Positions climbed from previous £11.7K to £21.6K
United Kingdom CFTC GBP NC Net Positions climbed from previous £11.7K to £21.6K
Crude Oil tests the low side on Friday, WTI drops below $72 per barrel
West Texas Intermediate (WTI) Crude Oil bids are shifting into the low side on Friday, testing into the red with an afternoon plunge into $70.65 before recovering to just below $72.00.
EUR/USD tumbles below 1.0900 as data trumps ECB hawkishness
The EUR/USD tumbled sharply late in the New York session after hitting a ten-day high of 1.1009, but better than expected data from the United States (US), coupled with weaker than expected business activity report from the Eurozone (EU) was the perfect storm for the bears.
USD/SEK stops the bleeding amid US S&P PMI data, eyes on next week’s Riksbank decision
In Friday's session, the USD/SEK pair is pushing forward with gains, trading fairly at the 10.280 level.
Fed's Goolsbee: Can't rule out a March rate cut
Chicago Federal Reserve (Fed) President Austan Goolsbee added his take to comments from Fed officials on Friday, stating that he did not rule out the possibility of a rate cut at the Fed's meeting next March.
Risk-On Wave Sweeps Markets, Stocks Hit Records, Dollar Declines
<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2021/01/f-stocks114.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-cont
S&P streak ends at 6 days. For the Dow and Nasdaq, make it a 7 and 7.
<p>Make it a 7 and 7. </p><p>That is 7 consecutive up days, and 7 consecutive up weeks for the the Dow and the Nasdaq. The late day rally fizzled into the close for the S&P, however, as it closed marginally lower on the day (but still down). </p><p>There is two more weeks to the end […]