In light of advanced data for EUR futures markets from CME Group, open interest rose for the third consecutive session on Wednesday, this time by just 750 contracts. On the other hand, volume extended the choppy performance and shrunk by 47.6K contracts.
EUR/USD still targets 1.10
EUR/USD remains unable to surpass the key 1.10 handle for the time being. Further consolidation is supported by the erratic activity in volume, although positive price action and rising open interest still keeps a potential visit to 1.10 on the table in the near term.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.