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EUR Futures: recovery expected to continue

Open interest in EUR futures markets rose moderately at the beginning of the week by nearly 13.8K contracts, according to preliminary readings from CME Group. On the other hand, volume extended the choppy activity and shrunk by almost 8.6K contracts.

EUR/USD keeps targeting the 200-day SMA

EUR/USD is extending the recovery on the back of the better tone in the risk complex. That said, Monday’s increase in open interest coupled with positive price action leaves the door open for extra gains in the near-term with immediate target at the 200-day SMA in the 1.1140 region.

Canada: Broadly optimistic picture of the economy in Q4 – TDS

Analysts at TD Securities note that the Bank of Canada's Business Outlook Survey painted a broadly optimistic picture of the economy in Q4, with the o
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Sources: China to buy nearly $80 bn more of US manufactured goods over two years in Phase One trade deal - Reuters

Reuters quotes sources with the knowledge of the matter, saying that China is considering buying nearly $80 billion more worth of US manufactured good
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