Euro futures experienced a volatile session, initially trading lower to 117.30 before reversing course to rally amid broader U.S. dollar weakness. The market saw a shift in sentiment as Friday's optimism regarding peace resolutions in the Middle East faded into renewed uncertainty. Consequently, the CVOL index indicated higher volatility across most asset classes. Despite the early drop, Euro futures managed to close higher on the day near the 117.85 level. Furthermore, recent positioning data reveals that speculators have been actively covering their net short positions and initiating new longs following last week's rally above the 118.00 mark.