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20 Aug 2020

Gold Futures: Scope for further pullbacks

Traders scaled back their open interest positions in Gold futures markets by almost 4K contracts on Wednesday, according to preliminary figures from CME Group. Volume, in the same time, increased for the third session in a row, this time by around 87.5K contracts.

Gold could drop below $1,880/oz

Prices of the ounce troy of Gold receded markedly on Wednesday and closed near the $1,920 level. The negative performance was accompanied by rising volume and opening interest, opening the door to a potential move to monthly lows in the sub-$1,880 area per ounce.

Aug 20, 2020

Forex Today: King dollar holds the reign, gold licks wounds ahead of US Jobless Claims

Here is what you need to know on Thursday, August 20: The US dollar kept its recovery momentum intact on Thursday, consolidating Wednesday’s solid com
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Aug 20, 2020

GBP/USD now seen between 1.3000 and 1.3230 – UOB

Cable is expected to remain side-lined for the time being, likely between 1.30 and 1.3230, in opinion of FX Strategists at UOB Group. Key Quotes 24-ho
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