RE: UK vs US Close >> Wednesday12 Sep 2024 16:30
Bhants.
This is the best place for Shorts information that I use.
As you can see, overall Shorts have come down dramatically, although in the last few days has increased, which is a bit weird noting that the Interest Rate will be coming down and the result should in theory push this at least higher than where we are now, whether it will get back to where it was.... who knows...
The issue is that the GBP has gained again. Today lost 5p on exchange rate changes.! So we would have been up even more.!
Hopefully the Fed drops by 1/4 % and the BOE drops by 1/4 % next week, which should in theory make the dollar stronger just in time for our results.!