CME Group’s flash data for JPY futures markets noted open interest dropped by more than 51K contracts on Wednesday, reversing two consecutive daily builds. On the opposite direction, volume increased for the second day in a row, this time by around 42.7K contracts. USD/JPY scope for a rebound in the near term USD/JPY is prolonging the leg lower for yet another session, coming down to test the mid-110.00s in the wake of the FOMC meeting. Shrinking open interest allows for a probable correction higher, although the continuation of the uptrend in volume could still sustain extra pullbacks. 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 Ethereum overview: ETH/USD bulls don’t give up at $140.00 FX Street 4 years CME Group's flash data for JPY futures markets noted open interest dropped by more than 51K contracts on Wednesday, reversing two consecutive daily builds. On the opposite direction, volume increased for the second day in a row, this time by around 42.7K contracts. USD/JPY scope for a rebound in the near term USD/JPY is prolonging the leg lower for yet another session, coming down to test the mid-110.00s in the wake of the FOMC meeting. Shrinking open interest allows for a probable correction higher, although the continuation of the uptrend in volume could still sustain extra pullbacks. 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.
