JPY futures: scope for extra gains

In light of flash figures for JPY futures markets from CME Group, open interest ticked higher for the second session in a row on Thursday, although this time by just 631 contracts vs. Wednesday’s 187,209 contracts. In the same line, volume rose sharply by nearly 45.4K contracts after two consecutive daily drops.

USD/JPY faces a probable test of 110.00

USD/JPY is down for yet another session and rising open interest and volume has now opened the door for a potential re-test of the psychological level at 110.00 the figure.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Feed news

Editors’ Picks

EUR/USD: In stasis near key descending trendline hurdle, focus on Fed

EUR/USD is consolidating near the resistance of the trendline connecting Jan. 31 and Feb. 28 highs pre-Fed and could rise well above 1.14 if the central bank sounds more dovish-than-expected. 

EUR/USD News

GBP/USD: Pressure builds around 1.3250, UK CPI, FOMC in spotlight

The GBP/USD pair trades near the intra-day low of 1.3250 ahead of London open on Wednesday. The pair recently weakened as the US Dollar (USD) registered gains across the board.

GBP/USD News

USD/JPY: Recovery stalls near 111.70 amid pre-Fed caution trading

The USD/JPY pair eased-off session highs near 111.70 levels and now trades near 111.55 region, as the bulls take a breather amid a typical pre-Fed caution trading and the latest North Korean reports while the US-China trade worries continue to remain a drag. 

USD/JPY News

Crypto News

majors

Editors’ Picks

EUR/USD: In stasis near key descending trendline hurdle, focus on Fed

EUR/USD is consolidating near the resistance of the trendline connecting Jan. 31 and Feb. 28 highs pre-Fed and could rise well above 1.14 if the central bank sounds more dovish-than-expected. 

EUR/USD News

GBP/USD: Pressure builds around 1.3250, UK CPI, FOMC in spotlight

The GBP/USD pair trades near the intra-day low of 1.3250 ahead of London open on Wednesday. The pair recently weakened as the US Dollar (USD) registered gains across the board.

GBP/USD News

USD/JPY: Recovery stalls near 111.70 amid pre-Fed caution trading

The USD/JPY pair eased-off session highs near 111.70 levels and now trades near 111.55 region, as the bulls take a breather amid a typical pre-Fed caution trading and the latest North Korean reports while the US-China trade worries continue to remain a drag. 

USD/JPY News

UK inflation preview: Why GBP/USD risks are skewed to the upside

The headline Consumer Price Index stood at an increase of 1.8% in January, and a repeat of the same number is on the cards for February. Core CPI was at 1.9% and also here, a repeat is on the cards.

Read full report

Federal Reserve Preview: Dots before our eyes

Fed Funds 2.25%-2.5% target range not in contention at this FOMC. Market focus will be on the Projection Materials. 

Read more

signatures


  •  
  •  
  •  
  •  
  •