EUR futures: upside limited?

In light of flash data for EUR futures markets from CME Group, investors added nearly 3.3K contracts on Monday from Friday’s final 512,071 contracts, reaching the ninth consecutive build. On the opposite direction, volume extended the choppy performance and shrunk by around 103.1K contracts.

EUR/USD faces the next hurdle at 1.1200

EUR/USD is up for yet another session, prolonging the rebound from recent 2019 lows. Rising open interest adds to the likelihood of extra gains in the near term, although the erratic activity in volume warns against the sustainability of further upside. That said, the 10-day SMA at 1.1204 comes as the next interim hurdle.

Apr 30, 2019

Italy’s Tria: VAT hike could be inevitable without cuts

il Fatto Quotidiano, an Italian daily newspaper, reported the comments by the Italian Finance Minister Tria, as he spoke about a potential VAT hike. T

Eurozone: Focus on GDP, employment and inflation data today - TDS

According to analysts at TD Securities, it's a bumper day for euro area data, with the release of April flash inflation data for France, Spain, Italy,