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EUR futures: upside looks to FOMC

CME Group’s advanced data for EUR futures markets showed traders increased their open interest positions by more than 7K contracts on Tuesday vs. Monday’s final reading at 524,167 contracts. Volume rose by more than 32.4K contracts, reverting three consecutive daily decreases.

EUR/USD focused on the Fed

EUR/USD’s upside stays everything but abated so far today, moving beyond the 1.2000 key barrier amidst the continuation of the sell off around the greenback. However, yesterday’s uptick was accompanied by higher volume and open interest, which is a bullish signal and point to extra gains, at least in the very near term.

Part of city of London evacuated amid security alert

The Independent, the UK’s online newspaper, out with the breaking news, citing an armed evacuation of Liverpool Street amid a security alert. Armed
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WTI in 4-month tops near $50.50, EIA on sight

Crude oil prices are extending the rally on Wednesday, motivating the barrel of West Texas Intermediate to test fresh tops in the mid-$50.00s. WTI bo
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