JPY futures: diminished odds for extra pullbacks

CME Group’s flash data for JPY futures markets noted open interest dropped for the sixth consecutive session on Monday, this time by nearly 4K contracts, from Friday’s 223,606 contracts. In the same direction, volume shrunk once again by around 18.3K contracts.

USD/JPY can attempt to consolidate near term

The recent decline in USD/JPY has been on the back of diminishing volume and open interest, all pointing to a probable U-turn in the short-term horizon.

Oct 16, 2018

Austrian EU Minister: Brexit talks dynamics going in right direction but not enough for a compromise yet

The European Union (EU) Minister from Austria was on the wires last minutes, via Reuters, noting that Brexit negotiation dynamics are going in the rig

UK: Unemployment rate likely to rise to 4.1% - TDS

Analysts at TD Securities point out that the UK’s labour statistics for the three-months ending August are released today and are going to be the key