EUR futures: rallies to remain tepid

Pablo Piovano FXStreet

In light of preliminary figures for EUR futures markets from CME Group, investors added more than 2.2K contracts to their open interest positions on Tuesday from Monday’s final 518,591 contracts. In the same line, volume rose sharply by more than 30.6K contracts.

EUR/USD keeps looking south

EUR/USD managed to clinch fresh tops above the 1.18 handle during the first half of the week, although the bullish attempt run out of steam around 1.1830, just to start a correction lower soon afterwards. Yesterday’s doji-like candle has been on the back of increasing open interest and volume, opening the door for a deeper pullback in the near term.

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Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

EUR/USD keeps the offered stance just above 1.1700

EUR/USD is coming under heavy selling pressure in what has been a rather grim start to the new trading week, with the pair now trading close to the 1.1700 support area as the US Dollar stages a solid rebound. The prevailing flight to safety mood continues to favour the Greenback, as investors react to the escalating conflict in the Middle East and trim risk exposure across the board.

GBP/USD hits new yearly lows near 1.3300

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Gold trims losses, back below $5,400

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