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19 Feb 2020

Gold Futures: Green light for extra gains

Open interest in Gold futures markets went up by nearly 28.4K contracts on Tuesday, reaching the third consecutive build according to flash data from CME Group. In the same line, volume rose by nearly 188.7K contracts, reaching the largest single day build so far this year.

Gold now looks to YTD highs

The ounce troy of the precious metal regained the key $1,600 mark on Tuesday amidst rising open interest and volume, opening the door at the same time for a potential visit to the 2020 peaks at $1,611.34 recorded earlier in January.

Feb 19, 2020

EUR/USD now looks to 1.0770 and below – UOB

FX Strategists at UOB Group remain bearish on EUR/USD and hinted at a potential move to 1.0770 and possibly below. Key Quotes 24-hour view: “After tra
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Feb 19, 2020

AUD/USD clings to modest gains near 0.6700 mark, lacks follow-through

The AUD/USD pair traded with a mild positive bias through the Asian session, with bulls still awaiting a sustained move beyond the 0.6700 round-figure
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