FX Futures Positioning: USD, EUR, CHF, AUD, CAD | COT report forex.com/en-us/news-and…

Despite the rebound in risk and gold recouping most of Monday 's initial 10% loss on the day, silver met resistance at $70 and still racked up its 9th consecutive day lower - its worst such sun since April 2022.

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tradingview.com/chart/DX1!/SYL…

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So far, so good. Base case is we saw the low on Monday and now pending a breakout. Otherwise (low vol) dips towards the 200-day EMA remain appealing - break below 98.24 invalidates.

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So we have Albo, Starmer and Trump set to address their nations. Beginning to think there's more to this than just fuel stamps.

Great news. It was an absolute nothing burger. Now back to work.