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Gold Futures: Extra gains in the pipeline

Traders added almost 10.5K contracts to their open interest positions on Thursday, reversing two drops in a row, as per advanced prints from CME Group. In the same direction, volume partially offset the previous drop and increased by around 70.5K contracts.

Gold expected to move higher on safe haven demand

News from the Wuhan coronavirus continues to drive the price action in the ounce troy of Gold, at least in the very near-term. Thursday’s uptick was reinforced by open interest and volume, leaving the scenario ripe for the continuation of the upside.

EUR/USD: Attention shifted to the 1.0980 area – Commerzbank

Following the recent price action, the pair’s focus seems to have now shifted to the 1.0980 zone, noted Karen Jones, Team Head FICC Technical Analysis
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When are the German/ Eurozone flash PMIs and how could they affect EUR/USD?

Amongst the Euro area economies, the German and the composite Eurozone PMI reports hold more relevance, in terms of its impact on the European currenc
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