Market sentiment around "US Dollar Index futures" turned bullish after stronger-than-expected US retail sales. The contract for March delivery is now trading above its 50-day moving average, signaling resilience. Traders are pricing in limited odds of a Fed rate cut within the next quarter. Commitment of Traders data showed the managed money crowd in cotton futures and options increasing their bearish bet as of September 23 rd by 2,943 contracts, taking their net short to 62,004 contracts. If you're new to futures, the courses below can help you quickly understand the Australian Dollar market and start trading. Amid softer commodity prices, "US Dollar Index futures" held firm at 104.
