Home EUR futures: further losses remain on the cards

EUR futures: further losses remain on the cards

Updated: 8 May. 2019 | 07:27

CME Group’s flash data for EUR futures markets noted investors added nearly 1.8K contracts on Tuesday while volume went up by more than 56K contracts, partially reversing the previous drop.

EUR/USD looks to YTD lows near 1.1100

The negative move in EUR/USD on Tuesday was in tandem with increasing open interest and volume, opening the door for a potential test of lower levels. That said, a probable visit to the 1.1100 neighbouhood still remains on the cards in the near term.

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