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JPY Futures: Appear consolidative so far

In light of advanced figures from CME Group for JPY futures markets, investors added around 6.8K contracts to their open interest positions, clinching at the same time the fourth consecutive build. Volume, on the other hand, reversed three builds in a row and shrunk by around 72.8K contracts.

USD/JPY seen rangebound in the short-term

USD/JPY has receded from recent YTD highs above 112.00 the figure in past sessions. Friday’s pullback was on the back of rising open interest in the Japanese currency, which could allow for further pullbacks in the pair. However, the moderate pullback in volume could also favour some consolidation in the short-term horizon.

GBP/USD: Bearish pressure remains

The GBP/USD pair managed to gain some positive traction on the last trading day of the week to snap four consecutive days of losing streak. Nonetheles
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EUR/GBP: Attention on the downtrend – Commerzbank

EUR/GBP has rallied to and so far failed at the 20 day ma at .8407. This has focussed our attention onto the downtrend at .8451, analysts at Commerzba
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