Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bearish contrarian trading bias.
Oil - US Crude IG Client Sentiment: Our data shows traders are now net-long Oil - US Crude for the first time since Aug 30, 2023 when Oil - US Crude traded near 81.43.USD/JPY IG Client Sentiment: Our data shows traders are now at their least net-long USD/JPY since Oct 20 when USD/JPY traded near 150.11.France 40 IG Client Sentiment: Our data shows traders are now net-short France 40 for the first time since Sep 21, 2023 16:00 GMT when France 40 traded near 7,171.60.
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