JPY futures: further gains unlikely

Pablo Piovano FXStreet

Open interest in JPY futures markets increased by just 750 contracts on Monday, while volume shrunk for the second straight session, this time by more than 86K contracts.

USD/JPY poised for extra rangebound

USD/JPY is expected to extend the current sideline theme above the 111.00 handle for the time being amidst erratic performance in open interest and a down move in volume.

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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