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EUR Futures: Door open for extra losses

Following preliminary readings from CME Group, open interest rose by around 9.8K contracts on Thursday and volume increased by nearly 56K contracts.

EUR/USD now looks to 1.0980

EUR/USD charted a bearish ‘outside day’ on Thursday amidst rising open interest and volume. That said, further downside is now on the cards and targets the late November low in the 1.0980 region.

USD/CAD Price Analysis: Multiple upside barriers to challenge the bulls

Following its pullback from the monthly top, USD/CAD drops to sub-1.3130 area during the pre-Europe session on Friday.
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BI left rates unchanged in January – UOB

Enrico Tanuwidjaja, Economist at UOB Group, assessed the recent decision by the Bank Indonesia (BI) to leave the interest rates unchanged at its Janua
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