OctaFX | OctaFX Forex Broker
Open trading account
Back

JPY Futures: Extra losses look unlikely

According to advanced data from CME Group for JPY futures, both open interest and volume went down by nearly 13.9K contracts and by around 60.3K contracts, respectively, on Tuesday.

USD/JPY does not discard a move to 100.00

The noticeable rebound in USD/JPY was fuelled by short covering on Tuesday, as suggested by declining open interest and volume. Against this, further upside appears unsustainable for the time being, while a resumption of the leg lower and a probable move to the 100.00 level should not be surprising in the short-term horizon.

China to bump up strategic oil reserves after price crash - Bloomberg

Citing people with knowledge of the matter, Bloomberg reports that China is considering the possibility of ramping up the country's strategic oil rese
Read more Previous

Forex Today: Dollar downed after Trump's “no show”, coronavirus headlines, government action eyed

Here is what you need to know on Wednesday, March 11: The see-saw continues, with markets and the dollar falling on Wednesday after surging on Tuesday
Read more Next
Start livechat