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GBP Futures: extra losses not ruled out

CME Group’s advanced figures for GBP futures markets noted investors added just 241 contracts to their open interest position at the end of last week, reversing two pullbacks in a row. In the same line, volume rose by around 13K contracts following three consecutive drops.

GBP/USD seen holding on around 1.30

Cable is adding to Friday’s decline amidst rising open interest and volume. That said, while further downside remains on the cards, the 1.30 region is expected to remain a key magnet in the near-term.

RBI policy stance change to be premature in February – Deutsche Bank

Kaushik Das, Deutsche Bank India Chief Economist, said in his latest client note on Monday, any change in stance by the Reserve Bank of India (RBI) in
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FX option expiries for Jan 20 NY cut

FX option expiries for Jan 20 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1015 979m 1.1100 756m 1.1105 692m 1
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