Monday, August 26, 2019

EUR Futures: pessimistic read unchanged

In light-weight of advanced figures for EUR futures markets from CME cluster, open interest contracted for the fourth session during a row on Thursday, now by around fifteen.8K contracts. Volume, instead, hyperbolic by over 98K contracts.



EUR/USD some consolidation isn't dominated out
EUR/USD continues its march south intense these days. The persistent decline in open interest warns against a deeper retracement whereas activity in volume remains stormy. That said, whereas a take a look at of 2019 lows at one.1026 isn't dominated out, the combine might face some close to term consolidation previous any losses.

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