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In light of CME Group’s preliminary figures for EUR futures markets, investors added 8.8K contracts on Monday from Friday’s final 494,408 contracts. Volume, instead, decreased by more than 18K contracts.

EUR/USD faces further rangebound

No change in the near term broad sidelined stance around EUR/USD. Open interest rose by 8.8K contracts on Monday, although the moderate drop in volume should undermine any bullish attempt.