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GBP Futures: Further retracement not ruled out

CME Group’s flash data showed investors added around 3.6K contracts to their open interest positions on Monday. Volume, instead, reversed the previous build and shrunk by around 37.5K contracts.

GBP/USD: Scope for a move below 1.30

Cable’s negative price action on Monday was accompanied by rising open interest and a decline in volume. That said, while some consolidation is probable in the short-term horizon, a drop and test of sub-1.30 levels should not be discarded for the time being.

BOJ’s Kuroda: BOJ's policy not aimed at bankrolling public debt

The Bank of Japan (BOJ) Governor Kuroda said that its important for the government to take steps to maintain medium and long-term fiscal health while
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Singapore: Green shots turned out in the manufacturing sector – UOB

Barnabas Gan, Economist at UOB Group, gives his views on the manufacturing sector in Singapore. Key Quotes “Singapore’s industrial production fell 0.7
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