Open interest in JPY futures markets increased by almost 1.3K contracts on Tuesday according to advanced figures from CME Group, prolonging the choppy activity at the same time. In addition, volume reversed two consecutive drops and went up by around 21.4K contracts. USD/JPY looks neutral/bearish near term The correction lower in USD/JPY was on the back of rising both open interest and volume in the Japanese safe haven, allowing for some extra downside in the near term, all within the broader consolidative theme prevailing since mid-May. 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 German Retail Sales rebound 3.5% m/m in June, a big beat (EUR unfazed) FX Street 4 years Open interest in JPY futures markets increased by almost 1.3K contracts on Tuesday according to advanced figures from CME Group, prolonging the choppy activity at the same time. In addition, volume reversed two consecutive drops and went up by around 21.4K contracts. USD/JPY looks neutral/bearish near term The correction lower in USD/JPY was on the back of rising both open interest and volume in the Japanese safe haven, allowing for some extra downside in the near term, all within the broader consolidative theme prevailing since mid-May. 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.
