OctaFX | OctaFX Forex Broker
登录
开通账户
Back

Sentiment towards commodity currencies remains bullish - Scotiabank

FXStreet (Córdoba) - According to Camilla Sutton, strategist at Scotiabank, sentiment towards commodity currencies of AUD, CAD and NZD remains bullish, while bearish EUR sentiment has shown signs of stabilization.

Key Quotes

“Sentiment towards the commodity currencies of AUD, CAD and NZD remains bullish; however there has been an interesting turn towards a more neutral stance”.

“In the case of CAD, the gross long position has been cut by 30% over the last month to $1.6bn, warning of a shift away from bullish sentiment; the pattern for AUD and NZD is similar”.

“While bearish EUR sentiment has showed early signs of stabilization, as the gross short position did not increase week‐over‐week and the net long position narrowed slightly to ‐$22bn. The data confirms that there is a hesitancy to build on existing shorts”.

Another rate cut by the RBA? – Westpac

The research team at Westpac Global Strategy Group assesses the probability of further rate cuts by the RBA in the next periods...
了解更多 Previous

USD/CAD flirts with 1.0900

It seems the greenback is resuming its upside momentum on Tuesday, lifting the USD/CAD back to the 1.0900 neighbourhood...
了解更多 Next
开始在线聊天