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EUR futures: further upside is a go

In light of CME Group’s advanced data for EUR futures markets, open interest rose by more than 7K contracts on Wednesday vs. Tuesday’s final 465,307 contracts. In the same direction, volume increased moderately  by nearly 11.6K contracts.

EUR/USD re-opens the door for a test of 1.20

Yesterday’s up move in EUR/USD has been reinforced by increasing open interest and volume, paving the way for a potential test of higher levels in the near term, while another visit to the psychological 1.2000 handle is not ruled out.

Germany Markit Manufacturing PMI above expectations (60.4) in November: Actual (62.5)

Germany Markit Manufacturing PMI above expectations (60.4) in November: Actual (62.5)
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EUR/USD refreshes weekly highs near 1.1850 on solid PMIs

The EUR/USD pair brought an end to its consolidative mode and broke higher to test the psychological barrier of 1.1850, following the release of upbea
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