Home EUR futures: still neutral near term

EUR futures: still neutral near term

Updated: 30 Jul. 2018 | 11:46

According to preliminary figures from CME Group, open interest decreased by almost 2.2K contracts on Friday vs. Thursday’s final 496,889 contracts. Volume followed suit, down by around 47.1K contracts.

EUR/USD capped by 1.1750

EUR/USD keeps the sideline theme intact for the time being amidst choppy activity in both open interest and volume. However, the lack of conviction to surpass the mid-1.1700s opens the door for a potential re-test of the 1.1570 region in the near term.

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