EUR futures: upside stays unabated

CME Group’s advanced data for EUR futures markets saw investors added nearly 25K contracts to their open interest positions on Friday vs. Wednesday’s final 471,839 contracts. In the same direction, volume rose by more than 71.3K contracts, the largest increase since November 9.

EUR/USD closer to 1.20

EUR/USD regained the 1.1900 handle and above in recent sessions. The up move has been accompanied by an important increase in volume and open interest, all within a bullish scenario and at the same time indicative of a continuation of the upside momentum.

The next relevant hurdle stays around the psychological 1.2000 handle.