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EUR futures: downtrend could be losing traction

In light of CME Group’s advanced figures from EUR futures markets, investors trimmed their open interest positions by just 223 contracts on Wednesday from Tuesday’s final 526,058 contracts. In the same line, volume shrunk significantly by around 78.2K contracts.

EUR/USD chances of a U-turn near term

EUR/USD continues to lose ground this week. However, declining prices amidst shrinking open interest and volume could open the door for a probable reversion and subsequent squeeze higher in the very near term.

China's growth set to slow to 6.3% in 2019, more stimulus on cards - Reuters poll

According to the latest Reuters poll published on Thursday, China’s economic growth is seen slowing down further in 2019 amid dwindling domestic deman
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AUD/USD holds weaker near 1-week lows, around mid-0.7100s

   •  Fading US-China trade optimism continues to weigh on Aussie.    •  A modest pickup in the USD demand adds to the selling bias.    •  Dovish Fe
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