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.
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. NZD/USD IG Client Sentiment: Our data shows traders are now net-short NZD/USD for the first time since Feb 12, 2024 09:00 GMT when NZD/USD traded near 0.61.FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Feb 07, 2024 11:00 GMT when FTSE 100 traded near 7,638.50.
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