Open interests in JPY futures markets rose by almost 16K contracts on Monday vs. Friday’s final 233,782 contracts, according to preliminary figures from CME Group. On the flip side, volume dropped by the second session in a row, this time by almost 22.4K contracts. USD/JPY now eyes 114.74 Yesterday’s advance in USD/JPY was in tandem with higher open interest and another pullback in volume. The rally in spot appears solid for the time being and is now targeting November 2017 peak at 114.74. The second drop in volume plus the pair trading in overbought levels could, however, trigger a temporary knee-jerk. 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 A test of 0.7140 is not ruled out in AUD/USD – UOB FX Street 4 years Open interests in JPY futures markets rose by almost 16K contracts on Monday vs. Friday's final 233,782 contracts, according to preliminary figures from CME Group. On the flip side, volume dropped by the second session in a row, this time by almost 22.4K contracts. USD/JPY now eyes 114.74 Yesterday's advance in USD/JPY was in tandem with higher open interest and another pullback in volume. The rally in spot appears solid for the time being and is now targeting November 2017 peak at 114.74. The second drop in volume plus the pair trading in overbought levels could, however, trigger a temporary… 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.
