EUR Futures: scope for extra downside

In line with advanced data for EUR futures markets from CME Group, investors added nearly 1.5K contracts to their open interest positions on Tuesday, reaching the third build in a row. Volume, instead, dropped for the second consecutive session, this time by around 7.9K contracts.

EUR/USD stays focused on 1.1181

The leg lower in EUR/USD remains supported by rising open interest, which keeps a test of the 1.1180 region - late June lows - well on the cards. Shrinking volume, on the other side, could remove some tailwinds from the down move.