EUR futures: room for extra downside
|According to CME Group’s preliminary figures for EUR futures markets, open interest rose for the second session in a row, this time by more than 1.2K contracts on Tuesday from Monday’s final figures. In the same line, volume increased by around 10.5K contracts, partially reversing the previous sharp drop.
EUR/USD door open for a test of 2019 lows
EUR/USD remains on the defensive and could grind lower to the test once again the area of YTD lows around 1.1180 on the back of rising open interest and volume.
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