After three consecutive daily drops, open interest in JPY futures markets rose by around 2.2K contracts on Wednesday from Thursday’s final 203,113 contracts, according to preliminary figures from CME Group. Volume, instead, dropped for yet another session, this time by nearly 26.9K contracts. USD/JPY neutral/bullish near term The recent daily decline in USD/JPY was amidst rising open interest and shrinking volume, which could allow for some near term consolidation ahead of a potential move higher to the 114.00 handle and above. 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 EUR/JPY recovery expected to continue – Commerzbank FX Street 4 years After three consecutive daily drops, open interest in JPY futures markets rose by around 2.2K contracts on Wednesday from Thursday's final 203,113 contracts, according to preliminary figures from CME Group. Volume, instead, dropped for yet another session, this time by nearly 26.9K contracts. USD/JPY neutral/bullish near term The recent daily decline in USD/JPY was amidst rising open interest and shrinking volume, which could allow for some near term consolidation ahead of a potential move higher to the 114.00 handle and above. 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.
