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JPY futures: selling mood expected to persist

CME Group’s advanced data for JPY futures markets noted investors added almost 6.9K contracts to their open interest positions on Tuesday, recording at the same time the fifth consecutive build. In the same direction, volume partially reverted Monday’s pullback and increased by more than 11K contracts.

USD/JPY poised for another visit of 112.00 and beyond

USD/JPY remains in the upper bound of the recent range, although a clear breakout of the 112.00 handle still remains elusive for the time being. The continuation of the up trend in open interest should sustain the bullish view, although choppy volume may spark some consolidation in the short-term horizon.

GBP futures: extra rangebound likely

Open interest in GBP futures markets shrunk by nearly 1.9K contracts on Tuesday from Monday’s final 151,327 contracts, according to flash data from CM
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Polls close in Indonesia, USD/IDR still listless below 14,100

The eight-hour voting process across Indonesia for the Presidential election and the parliament have closed now and the outcome as to who would be the
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