Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bullish contrarian trading bias.
Germany 40 IG Client Sentiment: Our data shows traders are now net-short Germany 40 for the first time since Oct 16, 2023 when Germany 40 traded near 15,241.50.France 40 IG Client Sentiment: Our data shows traders are now net-short France 40 for the first time since Oct 12, 2023 when France 40 traded near 7,081.90.EUR/GBP IG Client Sentiment: Our data shows traders are now net-long EUR/GBP for the first time since Oct 18, 2023 when EUR/GBP traded near 0.87.
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