Goldman Sachs: trading strategies forex

Goldman Sachs: recommendations on currency trading Changes compared to the previous publication of the forex strategies of this bank: USDJPY. Sale (September 11) from 108.30 closed on the stop at 109.00 with a loss of 70 points Open positions Goldman Sachs (+503 points): Tool Exchange rate date Покупка Sale Opening goal Stop The current result, …

Pound shot in reaction to increased inflation

GBP / USD rose 0.9% to 1.3270, the high since August 3, as data shows that inflation in the UK in August accelerated more than forecasted to 2.9%. Prior to the data, the pound rose to 1.3210, rebounding from the session’s minimum in Asia at 1.3161, as DXY was unable to keep profit. The resistance …

Oil (CFTC): speculators buy, but very carefully

As follows from the latest data of the US Commodity Futures Trading Commission (CFTC), a week before September 5, large speculators increased the net long position in WTI futures and options for 22,682 contracts to 169,985 contracts. The volume of the long position increased by 10,445 contracts to 326,621 contracts. The volume of the short …