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Natural Gas Futures: Potential for further upside

Advanced prints from CME Group for natural gas futures markets noted traders added around 2.4K contracts to their open interest positions on Monday. Volume, instead, resumed the downtrend and shrank by around 124.6K contracts, revering the previous daily build.

Natural gas re-targets $4.00 and above

Monday’s positive session in natural gas prices was in tandem with rising open interest, which is supportive of potential further gains in the very near term. Against this, the $4.00 mark per MMBtu now emerges as the next target of significance.

NZD/USD seen revisiting the 0.7050 region – UOB

The upside pressure could push NZD/USD to the mid-0.7000s in the sort-term horizon, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “NZD t
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USD/INR: RBI to prioritise growth vs. inflation, constructive stance for the rupee – TDS

India’s Monetary Policy Committee (MPC) meeting is scheduled from 4-6 August. Economists at TD Securities expect the MPC to maintain the repo rate at
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