Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bullish contrarian trading bias.
Our data shows traders are now net-short NZD/USD for the first time since Feb 27, 2024 18:00 GMT when NZD/USD traded near 0.62. USD/CAD IG Client Sentiment: Our data shows traders are now net-long USD/CAD for the first time since Feb 27, 2024 15:00 GMT when USD/CAD traded near 1.35.Gold IG Client Sentiment: Our data shows traders are now at their least net-long Gold since Dec 02 when Gold traded near 2,071.86.
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USD/CAD IG Client Sentiment: Our data shows traders are now net-short USD/CAD for the first time since Feb 15, 2024 14:00 GMT when USD/CAD traded near 1.35.Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading bias.
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