In light of preliminary figures, investors added just695 contracts to their open interest positions in EUR futures markets on Wednesday from Tuesday’s final 520,240 contracts. In the same line, volume rose for the third session in a row, this time by more than 19.1K contracts.
EUR/USD next stop 1.1500?
The recovery in EUR/USD keeps it march unabated for yet another session sustained by a persistent increment in volume, allowing for a continuation of the up move for the time being. Choppy/shrinking open interest could prompt some caution, however.