15 Apr 2020
JPY Futures: Extra gains on the cards
According to flash data for JPY futures markets from CME Group, open interest increased for the third session in a row on Tuesday, this time by almost 3K contracts. In the same direction, volume rose by nearly 7K contracts.
USD/JPY: Door open for a move lower
The negative performance in USD/JPY was on the back of rising open interest and volume in the Japanese safe haven, which paves the ways for an initial move to October 2019 lows in the mid-106.00s.
