Home EUR futures: faces further pullbacks

EUR futures: faces further pullbacks

Updated: 3 Aug. 2018 | 11:19

In light of preliminary figures for EUR futures markets from CME Group, investors added around 15K contracts on Thursday from Wednesday’s final 498,759 contracts. In the same direction, volume increased by 40.3K contracts.

EUR/USD room for a test of 1.1500″¦ (and below?)

Thursday’s decline in EUR/USD was in tandem with increasing volume and open interest, a bearish scenario that opens the door for a deeper pullback to, initially, the 1.1530 region, considered the last defence of YTD lows in the 1.1500 neighbourhood.

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