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EUR futures: scope for a near term rebound

In light of CME Group’s advanced data for EUR futures markets, open interest rose by almost 8K contracts on Thursday vs. Wednesday’s final 448,236 contracts. In addition volume rose significantly by around 88.4K contracts.

EUR/USD interim resistance at 1.1660/70

Yesterday’s uptick in spot has been accompanied by rising both open interest and volume, pointing to a bullish scenario for the very near ter. In fact, the pair’s upside should meet initial and quite strong resistance in the 1.1660/70 band, H&S’s ‘neckline’ which was broken in the wake of the ECB meeting on October 27.

GBP/JPY stable above 149.00 handle, Brexit update awaited

   •  Fails to benefit from upbeat UK data.    •  Brexit update to remain in focus. The GBP/JPY cross extended overnight slow recovery move from nea
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German Bund: Under pressure - Natixis

As the daily stochastic for German Bund is overbought, the contract could retreat to the thresholds at 162.30-162.44 (daily Bollinger moving average),
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