Home JPY futures: further consolidation lies ahead

JPY futures: further consolidation lies ahead

Published date: 29 Jan. 2019 | 08:32

CME Group’s advanced figures for JPY futures markets noted open interest dropped by almost 1.5K contracts on Monday from Friday’s final 208,796 contracts. Volume followed suit, down by around 20K contracts.

USD/JPY keeps the sideline theme unchanged

USD/JPY continues to ease from recent peaks near the 110.00 handle. Declining open interest and volume should limit the downside somewhat, leaving intact the broader consolidative theme.

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