Euro futures climb
Euro futures rebound after testing one-year lows as US Dollar softens
Euro futures finished higher on the session, closing at 113.80 after repeatedly testing and bouncing off a one-year low of 113.25.
The rebound coincided with a softer U.S.
Dollar as morning economic data tempered market expectations for upcoming interest rate hikes.
As a result of the recovery, the CVOL index indicated a decline in currency volatility.
Looking ahead, the market anticipates inflation sentiment numbers on Friday, followed by a highly anticipated schedule next week featuring the ECB Forum at Sintra with comments from global central bank heads and Fed Chair Kevin Warsh, alongside key U.S. labor data.