Analysis

Investors Are Heavily Long the US Dollar

Investors Are Heavily Long the US Dollar

Investors are heavily positioned for further US dollar gains as strong jobs data fuel expectations of a hawkish Fed. With inflation still a concern, a December rate hike is back in focus. Tomorrow’s inflation figures could determine the dollar’s next move, but crowded long positions leave the market vulnerable to a sharp reversal if the data disappoint.
Headway | 5h 11min ago
Sterling’s Rebound Faces US Inflation Hurdle

Sterling’s Rebound Faces US Inflation Hurdle

Sterling’s rebound against the dollar faces an immediate hurdle from US inflation data, as traders weigh the Bank of England’s renewed tightening against evidence that the US economy can withstand higher interest rates.
Errante | 8h 35min ago
EURUSD plummeted from its high

EURUSD plummeted from its high

Strong US jobs data and Trump’s weaker political position after the midterms are lifting the dollar and pushing EURUSD lower.
FxPro | 8h 39min ago
Gold, GBPUSD, EURUSD

Gold, GBPUSD, EURUSD

• US inflation data could determine Gold’s next major move • UK GDP and BoE hawkishness may support Sterling recovery • Eurozone growth and French tensions remain key euro risks • Gold, GBPUSD and EURUSD watch critical recovery levels
XM Group | 9h 42min ago
Crypto is testing an important trend line

Crypto is testing an important trend line

The crypto market lost 6% over the week and is testing the 200-day MA at $2.46T. Bitcoin is at $74K; the battle for the trend will be decided in the US session amid ETF outflows.
FxPro | 9h 45min ago
Stocks sink amid AI wipeout, dollar shines ahead of NFP

Stocks sink amid AI wipeout, dollar shines ahead of NFP

Nasdaq leads equity losses as AI outlook dims on fears of datacentre revolt. AI rout deepens in Asia but US futures point to some easing in selloff. Gold’s rebound hits a wall as traders turn to the safety of US dollar. Attention to turn to NFP report as December rate hike bets fade.
XM Group | 3 days ago
The dollar saves the day

The dollar saves the day

The dollar rebounds as the AI-driven S&P 500 sell-off boosts safe-haven demand, while the BoE’s first hike since 2023 fails to support the pound.
FxPro | 3 days ago
Tech Stocks Lead US Selloff Ahead of Payrolls

Tech Stocks Lead US Selloff Ahead of Payrolls

AI-related shares led the worst US equity session since 2020 as investors feared tighter oversight of AI and data-center buildout following the midterm results; Truist called it a “buyers’ strike in tech.” The selloff is spreading beyond Wall Street: Korean chipmakers fell about 10% before the open, the Kospi dropped below 5,000, CoreWeave’s five-year credit default swap widened to a record
ATFX | 3 days ago