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Week Ahead: Forex margin balance vs account balance

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And miners themselves were hurting best signals for forex the resource-heavy FTSE 100 on Friday, forex margin balance vs account balance from being 50/50, which finished 11 points lower at 6,353.83. Which knocked commodities down across the board, bumper US jobs figures boosted the dollar, with gold and silver seeing losses.

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Short-covering likely helped to amplify the dollars gains, said a trader for a major Japanese bank in Singapore. Dollar selling had accelerated last week in line with a drop in U.S. yields. I think the market was probably tilted toward short dollar positions and that.

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