JPY futures: deeper pullback remains on the cards

Flash data for JPY futures markets from CME Group saw open interest  and volume rising for yet another session on Friday by around 15.1K contracts and almost 26.3K contracts, respectively.

USD/JPY set sails for 112.00 and above

USD/JPY managed to close at 112.00 on Friday amidst increasing open interest and volume, allowing for the continuation of the up move to, initially, 2019 high at 112.13 (March 5) in the short-term horizon.