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15 Mar 2021

Gold Futures: Upside looks limited

Open interest in Gold futures markets shrunk for the second session in a row on Friday, this time by around 1.3K contracts according to preliminary figures from CME Group. On the other hand, volume reversed three pullbacks in a row and went up by nearly 5.2K contracts.

Gold remains supported around $1,680/oz

Friday’s test and rebound from the $1,700 neighbourhood was amidst shrinking open interest and small gains in the precious metal. That said, while gold faces decent contention in the $1,680 area per ounce, the upside appears somewhat contained in the very near-term.

Mar 15, 2021

Forex Today: Patchy China data lift dollar, yields hold above 1.60%, Biden’s speech eyed

What you need to know on Monday, March 15: The market mood turned sour starting out the Fed week on Monday, as mixed Chinese activity data suggested a
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Mar 15, 2021

USD/JPY refreshes multi-month tops, around 109.35 area

The USD gained some traction heading into the European session and pushed the USD/JPY pair to fresh nine-month tops, around the 109.35 region in the l
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