Monthly Archives: June 2018

Leveraged funds continued increasing EUR shorts and USD longs – Nomura

By | June 25, 2018

In the week ending Tuesday 19 June, EUR net-short positioning was extended further from 35% to 45%, the one-year high of net-shorts, notes the research team at Nomura. Key Quotes “In contrast, Asset managers have remained EUR long since February 2016, with its current position standing at 39%.” “JPY&CHF: Leveraged funds’ JPY positioning turned short… Read More »

GBP/USD Technical Analysis: last week’s bounce from the bottom sees resistance

By | June 25, 2018

Sterling trading flat after recovering from last week’s technical bottom. Hourly indicators are mixed and leaning out of their overbought positions. It’s a quiet Monday for the Pound with little data to come; market sentiment to play driver for broader markets. GBP/USD Chart, 15-Minute Spot rate:  1.3263 Relative change:  0.05% High:  1.3271 Low:  1.3250  … Read More »