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Speculator Extremes: GBP, Peso, Soybeans & Australian Dollar Lead Bullish & Bearish Positions
Article By:
Zachary Storella
Saturday, March 16, 2024 11:30 PM EDT
This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the underlying market.
Mexican Peso Speculator Bets Touching Most Bullish Levels In 4 Years
Article By:
Zachary Storella
Saturday, March 16, 2024 6:53 PM EDT
The COT currency market speculator bets were slightly higher overall this week as six out of the eleven currency markets we cover had higher positioning and the other five markets had lower speculator contracts.
AUD/USD Was Stuck On The Low End Of Near-Term Losses As Friday Markets Flatlined
Article By:
Joshua Gibson
Saturday, March 16, 2024 5:15 PM EDT
The AUD/USD pair was seen churning just above the 0.6550 mark on Friday as markets prepared for next week’s double feature from the Reserve Bank of Australia and the US Federal Reserve. Both central banks are expected to hold interest rates steady.