Tag Archives: Gold

Weekly CFTC Trader Positioning Data

• The USD bull trend is supported by a net long USD position of $35bn; however it is not broadly held and

Subdued buying interest in British pound With the uncertainties linked to the Scottish referendum behind us and

EUR/USD is challenging the strong supportarea between 1.2755 and 1.2662.

A light data calendar today. The only notable release is the second revision of US Q3GDP.

The $1242.7 level remains key resistance with bulls needing a close above to

EUR/USD continues to decline and is nowtesting the strong support area between 1.2755and 1.2662.

In the euro area the main event today will be the release of money supply M3and credit data for August.

The $1242.7 level remains key with bulls needing a close above to confirm an easing of bearish pressure.

EUR/USD made a big daily upper shadowyesterday, indicating persistent selling pressures.

EUR/USD remains thus far unable to holdabove its previous lows, indicating persistentselling pressures.

Focus will be on flash estimates for PMIs. In the euro area we expect bothmanufacturing PMI and service PMI to

The $1242.7 level remains key resistance this week with bulls needing a close above to