Tag Archives: KLCI

The most recently released report didn’t show any major shifts in market positioning, but we did finally see dollar traders take a break from adding to long exposure.

Brexit headlines continue to drive short-term GBP price action, and prices are back to testing recent highs after some optimistic comments from Michael Barnier. But will bulls be able to continue pushing forward?

The dollar-yen ended the week at the same level as last week but rests on a trend line originating in March. If the pair trades above the line early next week, expect bulls to take over.