OctaFX | OctaFX Forex Broker
Open trading account
Back

EUR Futures: scope for a near term rebound

On light of preliminary data for EUR futures markets from CME Group, investors scaled back their open interest positions by nearly 1.7K contracts at the beginning of the week. In addition, volume shrunk for the second session in a row, this time by almost 34.8K contracts.

EUR/USD faces interim target at 1.1140

Declining prices amidst shrinking open interest and volume could spark some reversion of the leg lower in the near term. That said, EUR/USD could attempt a move to the interim hurdle in the 1.1140 region, where coincide the 21-day and 10-day SMAs.

FX option expiries for Aug 20 NY cut

FX option expiries for Aug 20 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - GBP/USD: GBP amounts 1.2160 203m 1.2175 444m - USD/JPY: US
Read more Previous

Forex Today: Calm continues, Powell pressured, Bitcoin on the back foot again

Here is what you need to know on Tuesday, August 20th: - Markets remain calm as the wait toward Fed Chair Jerome Powell's speech on Friday continues.
Read more Next
Start livechat