Open interest shrunk for the second session in a row on Friday, this time by nearly 7.2K contracts according to flash data from CME Group. On the other hand, volume rose for the third straight session, now by around 64.3K contracts. EUR/USD does not rule out some consolidation Friday’s significant advance in EUR/USD was on the back of declining open interest, signalling the presence of short covering behind the daily recovery. The moderate uptick in volume, however, could add to the idea that some consolidative mood could emerge around the pair in the near-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. View All Post By FX Street FXStreet News share Read Next China: Follow-up measures to favor government bonds after rate cut – ANZ FX Street 2 years Open interest shrunk for the second session in a row on Friday, this time by nearly 7.2K contracts according to flash data from CME Group. On the other hand, volume rose for the third straight session, now by around 64.3K contracts. EUR/USD does not rule out some consolidation Friday’s significant advance in EUR/USD was on the back of declining open interest, signalling the presence of short covering behind the daily recovery. The moderate uptick in volume, however, could add to the idea that some consolidative mood could emerge around the pair in the near-term. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.