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9 Apr 2019
EUR futures: extra gains appear limited
In light of advanced figures for EUR futures ma rkets from CME Group, investors added just 63 contracts to their open interest positions at the beginning of the week from Friday’s 498,110 contracts. In the same line, volume rose for the second session in a row, this time by around 10.3K contracts.
EUR/USD faces strong resistance near 1.1330
EUR/USD is looking to add to Monday’s gains above 1.1200 the figure, although marginal activity in open interest should leave spot vulnerable for some downside correction in the near term.