Euro futures moved lower, closing near 1.14 to mark a fourth consecutive daily decline. Strength in the U.S. Dollar, fueled by uncertainty around Middle East tensions, oil prices, and Federal Reserve policy, continued to weigh on the currency. Market focus turns to the European Central Bank meeting later this week, where no policy changes are expected, though traders remain attentive to future rate path expectations. Meanwhile, CVOL index data shows declining euro volatility, and CFTC positioning data reveals that speculators expanded their net short euro positions for only the second time since March 2025.