GBP futures: bearish trend intact

In light of CME Group’s preliminary figures, open interest in GBP futures markets increased by almost 3.1K contracts on Tuesday from Monday’s 213,447 contracts. Volume, on the other side, rose by nearly 15.5K contracts.

Cable in multi-week lows

GBP/USD has accelerated the downside towards the 1.2800 key support today, opening the door for further decline as yesterday’s drop in spot has been in tandem with increasing volume and open interest.

Aug 23, 2017

USD/CAD recovery from 3-week lows falters near 1.26 handle

The USD/CAD pair extended overnight recovery move from three-week lows but continued with its struggle to move back above the 1.2600 handle. On Tues

Eurozone economy maintains pace in August - ING

There is no summer lull for Eurozone businesses as the composite PMI improves slightly in August and remains near historic highs, points out Bert Coli