In light of advanced figures from CME Group, open interest in JPY futures markets increased for the fourth consecutive session on Friday, now by just 778 contracts. On the other hand, volume shrunk for the second straight session, now by nearly 42.5K contracts. USD/JPY door open for a test of 109.00 The yen extended the downside momentum on Friday on the back of rising open interest, allowing for the continuation of the move in the short-term at least and helping USD/JPY to move closer to the 109.00 neighbourhood. However, shrinking volume could remove some tailwinds from the upside, allowing for a potential consolidation. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NEO price analysis: NEO stares into abyss with over 13% day-to-day of losses FX Street 3 years In light of advanced figures from CME Group, open interest in JPY futures markets increased for the fourth consecutive session on Friday, now by just 778 contracts. On the other hand, volume shrunk for the second straight session, now by nearly 42.5K contracts. USD/JPY door open for a test of 109.00 The yen extended the downside momentum on Friday on the back of rising open interest, allowing for the continuation of the move in the short-term at least and helping USD/JPY to move closer to the 109.00 neighbourhood. However, shrinking volume could remove some tailwinds from the upside, allowing for… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
