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2 Feb 2021

Gold Futures: Extra gains on the table

Traders added nearly 8K contracts to their open interest positions in gold futures markets at the beginning of the week, according to preliminary readings from CME Group. Volume, instead, extended the downtrend and dropped by around 21.3K contracts.

Gold still targets the $1,880 mark

Monday’s positive price action in gold was amidst rising open interest, which remains supportive of extra gains in the very near-term. Against this, the precious metal still targets the 100-day SMA in the $1,880 level per ounce in the short-term horizon.

Feb 2, 2021

Japan’s Nishimura confirms extension of state of emergency until March 7

Government Seeking Extension Of State Of Emergency Would Extend State Of Emergency Until March 7 developing story ....
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Feb 2, 2021

GBP/USD is still seen within 1.3580-1.3760 – UOB

Cable is expected to keep the 1.3580-1.3760 range unchanged for the time being, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “GBP trade
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