OctaFX | OctaFX Forex Broker
Open trading account
Back

JPY Futures: Further rangebound on the cards

According to advanced readings from CME Group for JPY futures markets, investors added around 88.6K contracts to their open interest positions on Wednesday, reaching the second build in a row. On the other hand, volume extended the decline for yet another session, now by around 88.5K contracts.

USD/JPY seen side-lined for the time being

Alternating risk appetite trends continue to rule the price action around USD/JPY, motivating the current rangebound theme to prevail for some more time. Wednesday’s increase in open interest in the Japanese safe haven allows for the continuation of the upside, although the persistent decline in volume hints at the likeliness that extra gains look limited.

GBP Futures: Extra gains appear unlikely

Open interest in GBP futures markets went down by nearly 1.6K contracts on Wednesday, clinching the third drop in a row according to preliminary print
Read more Previous

Singapore: COVID-19 and its impact on the PMI – UOB

Economist at UOB Group Barnabas Gan gives his opinion of the latest PMI figures in Singapore. Key Quotes “Singapore’s overall Purchasing Managers’ Ind
Read more Next
Start livechat