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EUR Futures: extra rangebound not ruled out

Open interest in EUR futures markets shrunk by around 1.5K contracts on Thursday, extending the erratic performance so far this week. Volume, instead, advanced for the second session in a row, this time by around 4.1K contracts.

EUR/USD met resistance near 1.1180

The weekly recovery in EUR/USD met a solid hurdle in the 1.1180 region on Thursday, returning to the 1.1130 region afterwards. Inconclusive trend in open interest and volume leaves the consolidative theme unchanged for the time being, with the key level to watch at 1.1140, where sits the 200-day SMA.

BoE expected to keep the ‘wait-and-see mode – UOB

Economist at UOB Group Lee Sue Ann gives her views on the potential future move of the Bank of England. Key Quotes “UK’s consumer price inflation (CPI
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GBP Futures: upside looks limited

CME Group’s flash data for GBP futures markets showed investors trimmed their open interest positions and volume by just 143 contracts and around 3.5K
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