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17 Mar 2020

EUR Futures: Look consolidative near-term

Open interest in EUR futures markets rose for the fourth consecutive session on Monday, this time by nearly 19.8K contracts according to preliminary data from CME Group. On the other hand, volume shrunk for the second session in a row, this time by around 252.6K contracts.

EUR/USD expected to remain side-lined

EUR/USD’s uptick at the beginning of the week was amidst the continuation of the uptrend in open interest, while volume extended the drop. Against this, further rangebound looks the most likely scenario, at least in the short-term horizon.

Mar 17, 2020

EUR/USD seen choppy within a broad range – UOB

FX Strategists at UOB Group expect EUR/USD to keep trading within a broad range for the time being. Key Quotes 24-hour view: “EUR traded between 1.104
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Mar 17, 2020

China’s Q1 GDP estimate cut to -9% vs. +2.5% previous – Goldman Sachs

After downgrading the US GDP growth forecasts on Sunday, the Goldman Sachs economists cut China Q1 2020 as well as full-year growth estimates, in ligh
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