EUR futures: recovery could extend further
In light of CME Group’s advanced figures for EUR futures markets, investors added nearly 3.5K contracts to their open interest positions on Thursday from Wednesday’s final 505,944 contracts. On the other hand, volume dropped by just 145 contracts.
EUR/USD keeps the cautious mood
After bottoming out in the 1.1300 area earlier in the week, EUR/USD staged a moderate rebound, regaining the 1.1400 handle and above. An uptick in open interest yesterday coupled with an irrelevant draw in open interest hints at the probable continuation of the ongoing recovery.