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GBP futures: correction lower likely?

In light of advanced data for GBP futures from CME Group, investors added just 421 contracts to their open interest positions on Monday vs. Friday’s final 213,020 contracts. On the other hand, volume dropped by around 26.5K contracts, keeping the choppy activity in place so far.

GBP/USD only Brexit matters

Cable’s march north remains well and sound against the backdrop of tepid performance from open interest and alternating volume, which should leave the near term outlook directionless and with all the attention on today’s Parliamentary vote on Brexit.

EUR futures: extra gains appear limited

Open interest for EUR futures markets rose by just 358 contracts on Monday from Friday’s final 523,812 contracts, according to preliminary data from C
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EUR/USD: Near term consolidation - Commerzbank

According to Karen Jones, analyst at Commerzbank, EUR/USD has not sustained the break broke above the 1.1500 resistance, and is consolidating very nea
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