CME Group’s preliminary figures for JPY futures markets noted open interest shrunk by around 5.8K contracts on Wednesday after three consecutive daily builds. In the same line, volume prolonged the erratic performance and this time dropped by around 10.4K contracts. USD/JPY expected to meet contention around 107.00 The decline in USD/JPY could be running out of steam amidst declining open interest and volume, allowing for a near term rebound. A more sustainable recovery should re-target weekly tops in the key resistance area in the mid-108.00s. 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 Monero price analysis: XMR/USD trends in a downward flag formation FX Street 3 years CME Group's preliminary figures for JPY futures markets noted open interest shrunk by around 5.8K contracts on Wednesday after three consecutive daily builds. In the same line, volume prolonged the erratic performance and this time dropped by around 10.4K contracts. USD/JPY expected to meet contention around 107.00 The decline in USD/JPY could be running out of steam amidst declining open interest and volume, allowing for a near term rebound. A more sustainable recovery should re-target weekly tops in the key resistance area in the mid-108.00s. 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.