<p>The Japanese yen has recently been in strong demand as a “safe haven” for investors on the topic of the risk off sentiments associated with the trade war between the US and China.
The economic shock from COVID-19 may continue to drag on the price of oil as the Great Lockdown disrupts global demand, with the crude surplus raising the cost of storage.
<p>As suggested in the CFTC Commitments of Traders report in the week ended December 3, NET LENGTH of USD index futures fell -1 014 contracts to 34 865. Bets on long and short increased +1 048 c
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