EUR futures: consolidative near term

In light of CME Group’s preliminary figures for EUR futures markets, open interest rose by just 949 contracts on Monday from Friday’s final 475,119 contracts. Volume, instead, dropped by the second session in a row, this time by around 66.1K contracts.

EUR/USD further choppiness likely

EUR/USD is fading yesterday’s advance so far amidst a small build in open interest while volume retreated moderately. That said, the door remains open for further rangebound trading in the short-term horizon, always looking to Italy and the broader risk-appetite trends.