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Crude Oil Futures: Door open for a move lower

Open interest in crude oil futures markets went up by nearly 26.8K contracts on Friday, reversing six consecutive daily pullbacks. On the other hand, volume dropped for the second session in a row, this time by around 248K contracts.

WTI seen re-testing $20.00/bbl (and below)

Prices of the barrel of the West Texas Intermediate resumed the downside on Friday. Increasing open interest coupled with negative price action favours extra losses, with another visit to the $20.00 neighbourhood well on the cads in the short-term horizon.

AUD/USD trades with modest losses, holds above mid-0.5700s

The AUD/USD pair traded with a mild negative bias on Monday, albeit has managed to hold above the Asian session swing lows to the 0.5700 mark. Followi
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Canada: COVID-19 will hit Canadian labour markets hard and fast – RBC Economics

Measures to stem the spread of COVID-19, while essential to protect the population, have taken an immediate heavy toll on Canadian labour markets, And
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