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10 Jan 2020

EUR Futures: further rangebound looks likely

CME Group’s flash data for EUR futures markets showed investors increased their open interest positions by around 2.6K contracts on Thursday, recording the second build in a row. Volume, instead, reversed two consecutive builds and shrunk by nearly 61K contracts.

EUR/USD could move into a consolidation phase

Thursday’s doji-like price action in EUR/USD was on the back of another increase in open interest while volume receded moderately. While some consolidation is expected in the very near term, another bout of weakness to, initially, the 55-day SMA should not be ruled out.

Jan 10, 2020

Australia: Bushfires dominating sentiment at the start of 2020 – ANZ

According to ANZ analysts, it is no surprise that the bushfires are dominating the national conversation at the start of 2020 for the Australian econo
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Jan 10, 2020

Forex Today: Aussie outperforms amid pre-NFP quiet trading, trade deal progress

Amid a typical pre-US Non-Farm Payrolls (NFP) lull, most major traded in thin trading ranges, except for the Australian dollar. The Aussie outperforme
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