CFTC JPY Non-Commercial Net Positions comes in at -45.5K

The CFTC JPY Non-Commercial Net Positions for Japan came in at -45.5K. This figure compares to the previous reading of -163.4K. No consensus figure was available for this release.

Following the release, JPY pairs generally saw limited movement over the initial 15 minutes. USDJPY moved -1.2 pips, while AUDJPY moved -3.4 pips. CADJPY registered a -3.7 pip change, and NZDJPY moved -3.6 pips. EURJPY shifted -5.3 pips, GBPJPY moved -5.7 pips, and CHFJPY also moved -5.7 pips. These initial movements are generally smaller than the typical median 1-hour moves observed after past releases. For instance, USDJPY has a median 1-hour move of 3 pips, AUDJPY 4 pips, CADJPY 4 pips, NZDJPY 3 pips, EURJPY 4 pips, GBPJPY 6 pips, and CHFJPY 5 pips.