EUR Futures: lack of direction prevails so far

CME Group’s preliminary data for EUR futures markets noted open interest rose by just 760 contracts on Thursday. Volume, instead, shrunk for the second session in a row, this time by around 14.9K contracts.

EUR/USD faces further consolidation

EUR/USD is prolonging the rangebound theme in the second half of the week, with the focus of attention on the upcoming Trump-Xi meeting. Choppy activity in both volume and open interest leaves the prospects of further consolidation at current prices unchanged for the time being.