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CME data showed JPY futures open interest fell for a fourth straight session while volume dropped by more than 23,000 contracts. USD/JPY found support near 108.50 and the mid-108 area.
Analysts see a possible near-term rally in the pair.
This is positioning commentary on yen futures with no new cause, so it has no direct effect on feed commodity prices.
octaafrica.netFeb 1, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
