Euro futures began the week with a modest decline, falling back below the 1.17 handle to trade around 1.1660. The decline follows a rally last week. The market's attention is now on the upcoming Jackson Hole symposium and the anticipated commentary from Fed Chair Powell on potential rate cuts. Volatility in Euro futures has been declining for 10 consecutive sessions, reaching six-month lows. Speculative positioning remains largely unchanged, holding near 18-month highs.