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Gold Futures: Rebound in the offing

Traders scaled back their open interest positions in Gold futures markets by nearly 12K contracts on Thursday as per preliminary figures from CME Group. In the same direction, volume shrunk for the third session in a row, this time by almost 119K contracts.

Gold supported near $1,450/oz and looks for a bounce

Thursday’s pullback in prices of the ounce troy of gold was accompanied by declining open interest and volume, which opens the door to a probable rebound in the short-term horizon.

BOE suspends 2020 annual stress tests for banks

In the latest statement released on its website, the Bank of England (BOE) announced the suspension of all the stress tests for banks in 2020.
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EUR/USD: At the mercy of the USD price dynamics

The dash to cash continued benefitting the USD and prompted some aggressive selling. A modest recovery in the global risk sentiment helped ease the be
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