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13 Feb 2020

JPY Futures: Further losses likely

Traders added nearly 5.7K contracts to their open interest positions on Wednesday according to flash readings from CME Group. Volume, too, reversed two consecutive drops and increased by around 22.8K contracts.

USD/JPY now targets 110.30

Further upside in USD/JPY is probable on the back of rising open interest and volume (and the pullback in the yen) amidst Wednesday’s positive performance. That said, the area of YTD highs around 110.30 should emerge as the next target for bulls.

Feb 13, 2020

Malaysia: Q4 GDP surprised to the downside – UOB

UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting reviwed the recently published Q4 2019 GDP figures in the Malaysian economy. Key Q
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Feb 13, 2020

EUR/USD looks fragile and targets 1.0810 – UOB

FX Strategists at UOB Group now see a potential drop in EUR/USD to the 1.0810 area in the next weeks. Key Quotes 24-hour view: “Our expectation for a
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