Open interest in gold futures markets rose by around 10.5K contracts on Friday according to flash data from CME Group. In the same direction, volume reversed two consecutive daily pullbacks and went up by around 35.8K contracts. GOLD REMAINS...
Open interest in gold futures markets rose by around 10.5K contracts on Friday according to flash data from CME Group. In the same direction, volume reversed two consecutive daily pullbacks and went up by around 35.8K contracts. GOLD REMAINS...
CME Group’s preliminary figures for crude oil futures markets noted open interest extended the uptrend and rose by nearly 8K contracts at the end of last week. Volume, instead, shrank by around 563.2K contracts after two daily builds in...
In light of advanced readings from CME Group for natural gas futures markets, traders added around 12.8K contracts to their open interest positions on Friday, extending the uptrend in place since June 23. On the other hand, volume dropped...
EUR/JPY struggles for direction around the 131.60 region. Interim support comes in at the 100-day SMA near 131.00. EUR/JPY trades without clear direction at the beginning of the week. The continuation of the consolidative mood appears likely at least in...
DXY remains on the defensive in the low-92.00s on Monday. Initial contention emerges in the 92.00 neighbourhood. DXY continues to correct lower following Friday’s negative price action in spite of clinching fresh multi-month tops in the 92.75/80 zone. If the...
EUR/USD adds to Friday’s gains and approaches 1.1900. A surpass of the 1.1970 area should allow for extra gains. EUR/USD extends the recovery following Friday’s pullback to the proximity of the 1.1800 mark. The continuation of the recovery faces interim...
FOMC meeting minutes likely to set the market tone During the upcoming trading week the release of the FOMC Meeting Minutes from the June policy meeting is likely to set the tone for financial markets. Markets participants will likely...
UK stocks rallied as investors cheered the new bidding war for the country’s fourth-biggest supermarket chain. Two weeks ago, Morrisons turned down an offer by Clayton Dubilier & Rice (CDR), an American private equity firm. During the weekend, the...
USD/TRY snaps two-day downtrend, edges higher around intraday high of late. Firmer RSI, Momentum recovery backs the run-up targeting record top. Ascending trend line from mid-April becomes crucial support. USD/TRY eases from intraday high, up 0.20% on a day...
Open interest in gold futures markets increased for the third consecutive session on Thursday, this time by just 929 contracts according to preliminary figures from CME Group. On the other hand, volume shrank for the second straight session, now...