Open interest in JPY futures markets shrunk by 2.3K contracts on Monday according to advanced data from CME Group. In the same line, volume dropped by nearly 91.8K contracts following two consecutive daily builds. USD/JPY still faces strong hurdle at 108.50 The recent up move in USD/JPY met resistance in the mid-108.00s amidst declining open interest and volume in the Japanese safe haven. That said, a deeper correction is not ruled out in the near term while the 108.50 region still emerges as a key resistance. 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 Finnish EU Affairs Minister: We must be prepared for all Brexit scenarios FX Street 4 years Open interest in JPY futures markets shrunk by 2.3K contracts on Monday according to advanced data from CME Group. In the same line, volume dropped by nearly 91.8K contracts following two consecutive daily builds. USD/JPY still faces strong hurdle at 108.50 The recent up move in USD/JPY met resistance in the mid-108.00s amidst declining open interest and volume in the Japanese safe haven. That said, a deeper correction is not ruled out in the near term while the 108.50 region still emerges as a key resistance. 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.
