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EUR futures: upside exhausted?

According to advanced figures for EUR futures markets from CME Group, investors scaled back their open interest positions by just 472 contracts on Thursday from Wednesday’s final 494,556 contracts. In the same direction, volume shrunk significantly by nearly 65K contracts, reversing the previous build.

EUR/USD faces strong resistance at 1.1300 and above

The up move in EUR/USD has so far met strong resistance in the boundaries of the 1.1300 handle. Declining open interest and volume following Thursday’s advance warns against the sustainability of extra gains. A more relevant hurdle lies at the 1.1340 region, the 200-week SMA.

BOJ’s next step will be to start normalizing ultra-loose monetary policy – Reuters poll

The results of the Latest Reuters poll showed that more than half of the 40 economists polled believe that the Bank of Japan’s (BOJ) next step will be
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Italy’s PM Conte: No change in Italy Govt likely after EU election

The Italian daily newspapers Les Echos and Il Messaggero are out with the latest comments from the Italian PM Conte and Finance Minister Tria. Conte s
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