Preliminary figures for EUR futures markets from CME Group noted open interest rose by around 1.1K contracts on Monday from Friday’s final 484,030 contracts. On the other hand, volume dropped by more than 21.4K contracts. EUR/USD points to further rangebound The recent rally in EUR/USD appears to have found strong resistance above 1.1700 the figure amidst some stabilization in open interest and declining volume. That said, the pair is likely to extend the consolidative stance in the near term, while the upcoming EU Summit and the US-China-EU trade dispute remain the key drivers for the price action this week. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Difficult future beyond the US-China trade dispute – Nomura FX Street 3 years Preliminary figures for EUR futures markets from CME Group noted open interest rose by around 1.1K contracts on Monday from Friday's final 484,030 contracts. On the other hand, volume dropped by more than 21.4K contracts. EUR/USD points to further rangebound The recent rally in EUR/USD appears to have found strong resistance above 1.1700 the figure amidst some stabilization in open interest and declining volume. That said, the pair is likely to extend the consolidative stance in the near term, while the upcoming EU Summit and the US-China-EU trade dispute remain the key drivers for the price action this week. Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
