JPY futures: room for further upside

Flash figures for JPY futures markets showed open interest rose by just 335 contracts on Thursday from Wednesday’s 192,998 contracts, according to CME Group. Volume followed suit, up by nearly 7.6K contracts, recording the third build in a row.

USD/JPY likely to extend the up move

USD/JPY is prolonging the upside for the fourth straight session today, retaking the 111.00 handle and beyond against the backdrop of rising open interest and volume. This bullish sign allows a continuation of the bull run for the time being.