OctaFX | OctaFX Forex Broker
Open trading account

EUR Futures: Further decline not ruled out

Open interest in EUR futures markets shrunk for the second session in a row on Tuesday, this time by just 928 contracts according to flash data from CME Group. On the other side, volume posted the largest single day build so far this year, up by around 153.5K contracts.

EUR/USD: Downside momentum losing traction?

EUR/USD closed below the key support at 1.08 the figure on Tuesday, levels last seen in April 2017. While the large build in volume opens the door for extra pullbacks in the near-term, shrinking open interest also hints at the likeliness that the downside momentum could be running out of steam.

Asian stocks pull back amid hopes of further stimulus from China

Following their fiercest drop in three weeks, Asian equities bounce back amid clues of further liquidity infusion from China as well as cautious optim
Read more Previous

Forex Today: Yen slips as risk recovers on fading coronavirus fears; UK CPI – up next

Risk-recovery emerged as the main underlying theme in Asia this Wednesday, reflective of a rebound in the Asian stocks, Wall Street futures and Treasu
Read more Next
Start livechat