OctaFX | OctaFX Forex Broker
Open trading account

JPY Futures: Room for extra gains

CME Group’s flash data for JPY futures markets showed open interest rose for the second consecutive session on Wednesday, this time by around 22.3K contracts, the largest single day build since January 28th. In the same line, increased for the second straight session, now by around 65.2K contracts.

USD/JPY could attempt a move to 112.40

The sharp advance in USD/JPY on Wednesday (nearly 1.4% on the day) was in tandem with increases in open interest and volume in the (debilitated) Japanese currency, opening the door at the same time for an extension of the bullish move in the short-term horizon. That said, the next hurdle of relevance emerges at April 2019 tops in the 112.40 region.

FX option expiries for Feb 20 NY cut

FX option expiries for Feb 20 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - GBP/USD: GBP amounts 1.2980 233m 1.3000 280m 1.3020 227m 1
Read more Previous

USD/JPY now shifted the focus to 112.00 – UOB

In light of the recent price action, USD/JPY could now head towards the 112.00 area, in opinion of FX Strategists at UOB Group. Key Quotes 24-hour vie
Read more Next
Start livechat