Euro futures experienced a significant turnaround during Monday's session, rebounding after a drop toward 1.15, its lowest level since Thanksgiving. An afternoon rally pushed the currency toward 1.16, closing nearly unchanged as market participants await clarity on geopolitical developments in the Middle East. Positive headlines contributed to a retreat in the U.S. dollar, which has been a primary driver of recent FX price action. The C-Vol index reflected this shift, with volatility decreasing as the Euro recovered from its session lows. Speculator activity showed a reduction in net long positions as of last Tuesday, aligning with the downward trend observed in the currency over the past week.