CFTC JPY Non-Commercial Net Positions comes in at -122.7K

The CFTC JPY Non-Commercial Net Positions report showed the actual figure at -122.7K. This compares to the previous period’s reading of -123.8K. No consensus figure was available for comparison with this release.

Following the release, JPY crosses showed limited movement in the initial 15 minutes. AUDJPY moved +2.7 pips, CADJPY moved -0.4 pips, CHFJPY moved +2.1 pips, EURJPY moved +2.7 pips, GBPJPY moved +4.3 pips, NZDJPY moved +1.6 pips, and USDJPY moved -1.0 pips. These immediate movements are generally smaller than the median 1-hour moves observed after past releases, which typically range from 3 pips to 6 pips across these pairs.