Home JPY futures: neutral stance unchanged near term

JPY futures: neutral stance unchanged near term

Published date: 25 Feb. 2019 | 08:27

Advanced figures for JPY futures markets from CME Group noted open interest rose by just 185 contracts on Friday vs. Thursday’s final 185,068 contracts, recording the second build in a row. Volume, instead, remained erratic, this time declining by around 17.7K contracts.

USD/JPY appears sidelined below 111.00

USD/JPY is seen prolonging the multi-day sideline theme below the key 111.00 handle in the near term, always amidst unclear direction in both open interest and volume and the generalized lack of strong catalysts to dictate the sentiment.

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