EUR futures: rallies remain tepid

In light of advanced figures for EUR futures markets from CME Group, investors scaled back their open interest positions by almost 6.7K contracts on Tuesday from Monday’s final 501,512 contracts. In the same line, volume dropped for the second session in a row, this time by around 12.4K contracts.

EUR/USD keeps focused on 1.2165/55

Yesterday’s bullish attempt by EUR/USD lacked of follow through amidst shrinking volume and open interest, leaving the current bearish trend intact and paving the way for another visit to the key support area at 1.2165/55.