Home EUR Futures: looks bearish/neutral near term
FXStreet News

EUR Futures: looks bearish/neutral near term

Open interest in EUR futures markets from CME Group noted investors added around 2.5K contracts to their open interest positions on Monday, reaching the fifth build in a row. On the flip side, volume receded by almost 48K contracts, the second consecutive drop.

EUR/USD does not rule out a test of 1.1100

EUR/USD remains under pressure so far this week and still targets a visit to recent yearly lows in the boundaries of 1.1100 the figure. However, persistent shrinking volume could remove some strength from the decline in the short-term.

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.