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Battle between the safe havens: USD vs JPY
The Dollar Index at the peak of the Coronavirus lockdown rallied, almost touching 103 – the highest level since 2017. The Dollar index shows the relative strength of the USD to a basket of other currencies. However, a couple of currencies strengthened as everyone was hoarding the USD – The JPY.
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Gold Futures: Extra gains not ruled out
According to preliminary figures from CME Group for Gold futures markets, open interest went up by around 9.6K contracts, reaching the second build in a row. Volume followed suit and resumed the upside by nearly 32K contracts.
Gold seen challenging YTD peaks
The positive performance of prices of the
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Pull-up Update
