Tag Archives: GBP

Weekly CFTC Trader Positioning Data

• This week’s data suggests three core themes: 1) the favoured position is long USD,

As in most other non-Dollar currencies, the Pound has forged a clear-cut technical reversal overnight and

The Pound is being seen as a better alternative than other currencies this morning.

The inability to definitively throw off the downward track on the charts should become apparent later this

The slack economic information flow continues with the UK posting slowing August Factory orders data.

Like many other currencies, the Pound is definitively oversold but

In the coming week, investors will be looking ahead to Wednesday’s Federal Reserve meeting minutes for

The major changes in terms of the positioning of the SG FX Enhanced Risk Premia strategy are the increase in the aggregated long dollar position,

USD bulls are gaining momentum with the net position increasingto $38bn.

Fresh disappointment from UK numbers overnight, ongoing weakness in energy prices and

A fresh failure in the Pound this morning on the charts was seen in the wake of a strong UK construction PMI release and

The negative economic news continues to flow with UK manufacturing PMI disappointing the trade and