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EUR Surges on Volume Spike

EURO-DOLLAR

EUR/USD picking up headed into NY hours, with pair rising to new highs and topping 1.17. Notable volume surge in EUR futs, with over 2k contracts trading inside 2 minutes for best activity of the day (approx. €275mln cash equivalent).

Move coincides with McConnell comments (stimulus possible if GOP keeps the Senate) but they don't look to be the driver.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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