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British Pound Forecast Unclear Amidst Shift
GBPUSD Forex trading crowds once again turned net-short the exceedingly choppy British Pound/US Dollar pair. The ratio of long to short positions in the GBPUSD stands at -1.68 as nearly 63% of traders are short. Yesterday, the ratio was at 1.51 as 60% of open positions were long. In detail, long positions are a substantial 49.8% lower than yesterday and 55.9% weaker since last week. Short …
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Forex: Euro Eyes 1.4200 On Rate Expectations, British Pound To Hold Range Ahead Of BoE Minutes
The coordinated efforts by the Group of Seven appears to have provided a short-term relief in the currency market, but global policy makers still face a heavy load of challenges as the uncertainties surrounding the world economy continues to bear down on investor confidence.
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Forex – USD/CHF tests record low amid Japan nuclear fears
Forex Pros – The U.S. dollar was trading close to an all-time low against the Swiss franc on Tuesday, amid reports of rising radiation close to Tokyo, following an explosion at the at the
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