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GBP Futures: Extra rangebound on the cards

CME Group’s preliminary figures for GBP futures markets noted investors increased their open interest positions for the fifth session in a row on Wednesday, this time by nearly 1.5K. On the other hand, volume shrunk for the third straight day, now by around 2.2K contracts.

GBP/USD still capped by 1.30

Cable’s inconclusive performance on Wednesday was in tandem with rising open interest and volume. The lack of a clear direction in the pair leaves unchanged the consolidative view for the time being.

USD/CHF Price Analysis: Pulls back from short-term range resistance

USD/CHF declines to 0.9776 while into the European session on Thursday. Even so, the pair keeps the four-day-old trading range intact.
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Australian dollar: Under the weight of the world – Westpac

Analysts at Westpac cited the Australian dollar’s historical performances and key catalysts to justify its status as a global risk barometer.
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