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19 Nov 2018

EUR futures: potential correction lower

In light of preliminary figures for EUR futures markets from CME Group, investors added more than 7.3K contracts to their open interest positions on Friday from Thursday’s final 526,728 contracts. Volume, instead, dropped by 32.7K contracts after four consecutive builds.

EUR/USD upside appears limited

EUR/USD is reverting four consecutive daily advances at the beginning of the week. Friday’s strong up move was on the back of another uptick in open interest and quite a moderate drop in volume. That said, despite further upside is not ruled out in the near term, the important drop in volume could limit it somewhat.

Nov 19, 2018

Italy's Buffagni: Key points of draft budget will not change

Reuters reports the latest comments by Italy's Govt undersecretary for the regions, Steffano Buffagni, citing: Key points of draft budget will not c

ECB's Villeroy: No-deal Brexit would be detrimental for the British economy

The European Central Bank (ECB) Governing Council member and Governor of the Bank of France - Francois Villeroy de Galhau said that a no-deal Brexit w