# JPY Futures: extra upside not ruled out — Octa

> Open interest and volume in JPY futures rose on Tuesday, according to CME data. The report sees USD/JPY as neutral to bearish in the near term within a consolidation range that has held since mid-May.

- Date: 2019-07-31 · published 2019-07-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/58320-jpy-futures-extra-upside-not-ruled-out-octa
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

This is routine technical commentary on currency positioning with no new supply or demand driver for feed commodities.

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/731189/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.