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10 Apr 2018
EUR futures: rangebound stays intact
According to advanced data for EUR futures markets from CME Group, investors added more than 3.8K contracts to their open interest positions on Monday vs. Friday’s final 494,782 contracts. Volume, on the other hand, decreased by around 28K contracts.
EUR/USD keeps the familiar range so far
EUR/USD’s ongoing recovery has been on the back of opposite trends from open interest and volume, leaving the door open for a continuation of the familiar sideline theme, at least for the time being.