According to advanced readings from CME Group for JPY futures markets, open interest shrunk for the fourth session in a row on Monday, this time by around 1.8K contracts. On the other hand, volume extended the uptrend and increased by almost 30K contracts. USD/JPY now targets the 200-day SMA near 108.30 The correction lower in USD/JPY appears to have met support near the 101.00 mark so far. Shrinking open interest in the safe haven yen leaves extra gains somewhat limited, allowing for the continuation of the rebound, at least in the short-term horizon. 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 Japan’s Aso: Have suggested another G7 teleconference to the US FX Street 2 years According to advanced readings from CME Group for JPY futures markets, open interest shrunk for the fourth session in a row on Monday, this time by around 1.8K contracts. On the other hand, volume extended the uptrend and increased by almost 30K contracts. USD/JPY now targets the 200-day SMA near 108.30 The correction lower in USD/JPY appears to have met support near the 101.00 mark so far. Shrinking open interest in the safe haven yen leaves extra gains somewhat limited, allowing for the continuation of the rebound, at least in the short-term horizon. 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.
