EUR futures: extra gains appear likely

CME Group’s preliminary figures for EUR futures markets noted investors added just 721 contracts to their open interest positions on Wednesday. In the same direction, volume increased by around 62.5K contracts.

EUR/USD approaches 1.1300

EUR/USD left behind the ECB-led knee-jerk to the 1.1230 on Wednesday and recovered the composure in the wake of the FOMC minutes, all amidst rising open interest and volume. That said, a probable test of the 1.1300 handle and above in the near term has now regained traction.