In light of preliminary figures for EUR futures markets from CME Group, investors added around 38.2K contracts to their open interest positions on Tuesday vs. Monday’s final 519,325 contracts. In the same line, volume rose by around 219.5K contracts to the largest level since June 14.
EUR/USD waiting for a breakout of the range
EUR/USD is prolonging the multi-session sideline theme so far today amidst an important build in both open interest and volume following yesterday’s indecisive price action. Further rangebound is thus expected, while cautiousness ahead of the ECB meeting tomorrow is seen swelling in the next hours.
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