EUR Futures: room for further decline

CME Group’s preliminary figures for EUR futures markets noted investors added around 4.7K contracts to their open interest positions on Wednesday, reaching the second build in a row. In the same line, volume increased by nearly 21K contracts, reversing the previous drop.

EUR/USD now targets 1.0925

EUR/USD extended the correction lower on Wednesday amidst rising open interest and volume. The move has opened the door for a potential retracement to YTD lows in the boundaries of 1.0920