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3 Apr 2020

EUR/USD: Downside beyond 1.0800 – OCBC

Short EUR/USD may be the best way to express the supported USD, in the opinion of Terence Wu, an FX strategist at OCBC Bank.

Key quotes

“We expect any bounce towards 1.0900 to be rejected for further downside beyond 1.0800.” 

“Note however, that short term implied valuations have been relatively resilient despite the downswing in spot.”

 

Apr 3, 2020

Gold Futures: Scope for further gains

In light of flash figures for Gold futures markets from CME Group, both open interest and volume increased by just 245 contracts and nearly 4.2K contr
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Apr 3, 2020

USD/INR: The Indian rupee will stay pressured – MUFG

During March the Indian rupee plunged to a new record low against the US dollar from 72.170 to 75.590. Analysts at MUFG Bank believe the Asian currenc
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