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Trading news
23 Jan 2020

JPY Futures: Extra appreciation seems unlikely

Open interest dropped by a marginal 47 contracts on Thursday, slightly reversing the previous build, noted advanced figures from CME Group. Volume, however, resumed the downside and shrunk by more than 78K contracts.

USD/JPY still expected to test higher levels

USD/JPY’s moderate pullback on Wednesday was in tandem with declining open interest and volume in the Japanese safe haven, which opens the door for a rebound in the near-term and the resumption of the uptrend to levels beyond 110.00 the figure.

Jan 23, 2020

GBP/USD could move higher to 1.3220 – UOB

Following the recent price action, Cable could attempt a move to 1.3220, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “Our view of
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Jan 23, 2020

French FinMin Le Maire: Close to deal with the US on digital tax.

In an interview with Reuters on Friday, French Finance Minister Bruno Le Maire said that they are close to deal with the US on digital tax. Additional
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