JPY futures: room for extra gains


In light of advanced figures for JPY futures markets from CME Group, open interest increased for the third session in a row on Thursday, this time by just 630 contracts from Wednesday’s final 208,395 contracts. In the same line, volume rose once again by around 29K contracts.

USD/JPY probable test of 21-day SMA at 110.94

USD/JPY has been grinding lower in past sessions amidst rising open interest and volume, leaving the door open for the continuation of the leg lower to, initially, a visit to the 21-day SMA below the 111.00 handle.

	JPY futures: room for extra gains


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