In light of preliminary figures for EUR futures markets from CME Group, investors added more than 2.2K contracts to their open interest positions on Tuesday from Monday’s final 518,591 contracts. In the same line, volume rose sharply by more than 30.6K contracts.
EUR/USD keeps looking south
EUR/USD managed to clinch fresh tops above the 1.18 handle during the first half of the week, although the bullish attempt run out of steam around 1.1830, just to start a correction lower soon afterwards. Yesterday’s doji-like candle has been on the back of increasing open interest and volume, opening the door for a deeper pullback in the near term.
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