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JPY Futures: Rising odds for extra downside

CME Group’s advanced data for JPY futures markets noted open interest and volume rose by around 86.8K contracts and around 4.2K contracts, respectively, on Thursday.

USD/JPY looks further south

USD/JPY broke below he 106.00 mark to fresh YTD lows helped by rising open interest and volume. The move has opened the door for further retracements with initial target now at 105.05, August 12th 2019 low.

Forex Today: Gold, yen soar, stocks, dollar dive as US coronavirus fears leap, Non-Farm Payrolls eyed

Here is what you need to know on Friday, March 6: The soggy mood in markets continues as the US admitted it performed only around 500 coronavirus test
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Gold steadily climbs back closer to multi-year tops on coronavirus jitters

Gold gained some follow-through traction on Friday and has now moved well within the striking distance of multi-year tops set on February 24. Growing
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