Japan CFTC JPY NC net positions dipped from previous ¥3.6K to ¥2.8K

United States CFTC Oil NC net positions up to 707.1K from previous 699.5K

European Monetary Union CFTC EUR NC net positions: €147.5K vs €134.44K

United States CFTC Gold NC net positions fell from previous $166.6K to $155.4K

Australia CFTC AUD NC net positions dipped from previous $-0.1K to $-2.8K

United States CFTC USD NC net positions fell from previous $-9.9K to $-10.7K

United Kingdom CFTC GBP NC net positions up to £43K from previous £40.3K

Wall Street stocks down on Friday but end the week in positive territories

The earnings season started off with financial stocks but the market was disappointed. The tense geopolitical context remains a major market driver. The S&P 500 Index fell by 7.69 points or 0.3% to 2,656.30 and registerd a 2% gain on the week.The Dow Jones Industrial Average dropped 122.9 ...

AUD/USD rejects 0.78 handle ahead of RBA on Tuesday

The Reserve Bank of Australia (RBA) minutes are scheduled for next Tuesday at 1:30 GMT. US Retail Sales are slated on Monday at 12:30 GMT. The AUD benefitted this week from a wave of positive sentiment as China says it is ready to open its economy and push free trade. The AUD/USD is trading a ...

USD/CAD forecast to rise modestly over the next months – Rabobank

The Canadian dollar was among the top performers of the week. According to forecasts from Rabobank, USD/CAD is likely to rise modestly in the coming months. They see the pair at 1.27 in 3M, 1.28 in 6M and at 1.30 in 12M.  Key Quotes:  “USD/CAD touched a low of 1.2251 at the end o ...

EUR/USD: Is not all about the trade war – ING

Viraj Patel, Foreign Exchange Strategist at ING, points out that the trade war is no longer the sole concern for global investors. He expects EUR/USD to trade next week in the range between 1.2200 and 1.2420. Key Quotes:  “The White House remains front-and-centre for global markets ...

US: Retail Sales likely rebounded in March – Wells Fargo

On Monday, March retail sales data is due. Analysts at Wells Fargo, expect a reading of +0.3% in line with market consensus. They remain positive on the consumer.  Key Quotes:  “Retail sales have gotten off to a slow start in 2018, falling 0.1 percent in January and February. Th ...

USD/JPY: To remain around 107.00 in the short-term – Rabobank

Analysts from Rabobank see the USD/JPY pair holding close to 107 on a 3-month view. Key Quotes:  “Although the JPY has been lifted by speculation that the BoJ could be starting to consider its exit from its huge QQE programme, a significant part of the unit’s firmer tone this yea ...

Canada: Next week data includes CPI and BoC statement – NBF

National Bank of Canada’s analysts took a look at next week key events from Canada. Data to be released include inflation while on Wednesday the Bank of Canada will announce its decision on monetary policy.  Key Quotes: “A lot of attention will be on the release of March’ ...

EUR/GBP: Brexit trade talks to undermine the pound – Rabobank

According to analysts from Rabobank, anxiety around the trade talks between the European Union and the United Kingdom is likely to weigh on GBP. They forecast EUR/GBP at 0.89 in 3m, 0.90 in 6m, 0.88 in 9M, 0.84 in 12m and at 0.78 in 24M.  Key Quotes:  “Since the BoE turned clearl ...