EUR futures: consolidation poised to remain

added more than 3.7K contracts to their open interest positions on Friday vs. Thursday’s final 4985,901 contracts. On the opposite direction, volume dropped for the second consecutive day, this time by more than 48K contracts.

EUR/USD rallies appear tepid, limited

The recent uptick in EUR/USD has been on the back of shrinking volume and choppy activity in open interest amidst alternating risk appetite trends. That said, there is still scope for a continuation of the consolidative theme for the time being, likely between 1.2155 and 1.2555.