Open interest in JPY futures markets went up markedly by nearly 172K contracts on Tuesday, reversing six consecutive pullbacks according to advanced figures from CME Group. Volume, instead, shrunk for the second straight session, now by almost 34K contracts. USD/JPY does not rule out further weakness USD/JPY’s negative price action on Tuesday came along rising open interest in the Japanese safe haven, hinting at the likeliness that further downside could well remain in the pipeline. That said, a move to the October 2019 low in the mid-106.00s should not be discarded just yet. 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 Australia: Modest GDP increase – Westpac FX Street 2 years Open interest in JPY futures markets went up markedly by nearly 172K contracts on Tuesday, reversing six consecutive pullbacks according to advanced figures from CME Group. Volume, instead, shrunk for the second straight session, now by almost 34K contracts. USD/JPY does not rule out further weakness USD/JPY’s negative price action on Tuesday came along rising open interest in the Japanese safe haven, hinting at the likeliness that further downside could well remain in the pipeline. That said, a move to the October 2019 low in the mid-106.00s should not be discarded just yet. 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.
