Tag Archives: Share Trading

The US Dollar is trying to reverse higher against ASEAN FX. USD/SGD, USD/MYR and USD/PHP have closed above key falling trend lines. Will USD/IDR follow higher?

The FTSE is generally holding lower but is still handing onto one line of support; wouldn’t take much to push the index over the edge though.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bullish contrarian trading bias.