Home EUR futures: still looks further south

EUR futures: still looks further south

Published date: 26 Oct. 2018 | 09:14

CME Group’s preliminary figures for EUR futures markets showed open interest extended the uptrend for yet another session, rising by around 2.6K contracts on Thursday vs. Wednesday’s final 503,791 contracts. Volume, instead, dropped by nearly 19K contracts.

EUR/USD door open for a test of YTD low at 1.1299

EUR/USD has intensified the downside this week. Yesterday’s down move was on the back of rising volume, allowing for a probable test of 2018 low at 1.1299 in the near term.

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