CME Group’s advanced figures for JPY futures markets saw open interest rising by almost 9.9K contracts on Friday in combination with the second consecutive build in volume, this time by around 89.5K contracts. USD/JPY risks a drop to the 104.60 region USD/JPY is recovering some ground lost on Friday’s sell off and is extending the rebound from earlier new 2019 lows in the mid-104.00s. Increasing open interest and volume in the Japanese safe haven in combination with negative price action on Friday leaves the pair exposed to further declines on further deterioration of the trade scenario. Against this backdrop, the next target emerges at 2018 lows in the 104.60 area. 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 US Pres. Trump: US has “all the cards” in trade talks with Japan FX Street 4 years CME Group's advanced figures for JPY futures markets saw open interest rising by almost 9.9K contracts on Friday in combination with the second consecutive build in volume, this time by around 89.5K contracts. USD/JPY risks a drop to the 104.60 region USD/JPY is recovering some ground lost on Friday's sell off and is extending the rebound from earlier new 2019 lows in the mid-104.00s. Increasing open interest and volume in the Japanese safe haven in combination with negative price action on Friday leaves the pair exposed to further declines on further deterioration of the trade scenario. Against this backdrop, the… 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.