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Gold Futures: Reluctant to correct lower

Traders scaled back their open interest positions by just 826 contracts on Tuesday following three consecutive builds, according to preliminary figures from CME Group for Gold futures markets. On the other hand, volume prolonged the erratic activity and rose by nearly 49.5K contracts.

Gold remains capped by the $1,575/oz area

Prices of the ounce troy of Gold inched lower on Tuesday amidst declining open interest. That said, while extra downside appears somewhat unlikely, the uptick in volume suggests the opposite, all rendering into a probable extension of the side-lined theme in the short-term horizon at least.

FX option expiries for Feb 12 NY cut

FX option expiries for Feb 12 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0900 722m 1.0910 629m 1.1000 541m -
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