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EUR futures: deeper pullback looks unlikely

FX Street
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In light of preliminary figures for EUR futures markets from CME Group, investors added nearly 1.7K contracts to their open interest positions on Friday from Thursday’s final 511,041 contracts. In the same line, volume went up by almost 28K contracts, reversing the previous drop.

EUR/USD supported near 1.1100″¦ for now

EUR/USD printed fresh yearly lows in the vicinity of 1.1100 the figure on Friday, although it has somehow managed to rebound and reclaim the 1.1150/60 band amidst rising open interest and volume. That said, while spot remains under pressure, a break below recent lows seems unlike in the short-term horizon.

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