CFTC JPY Non-Commercial Net Positions Reported at -63.3K

The CFTC JPY Non-Commercial Net Positions report, released at 19:30 UTC, showed net non-commercial JPY positions at -63.3K. This figure compares to the previous reading of -52.9K. No consensus estimate was available for this release.

Following the release, JPY pairs showed limited movement in the first 15 minutes. AUDJPY rose by +3.3 pips, CADJPY by +1.1 pips, CHFJPY by +0.3 pips, EURJPY by +2.3 pips, GBPJPY by +4.9 pips, NZDJPY by +2.5 pips, and USDJPY by +1.7 pips. These initial moves are generally small when compared to the typical median 1-hour moves for these pairs. For instance, AUDJPY’s +3.3 pips move is below its median 1-hour move of 4 pips, while GBPJPY’s +4.9 pips is below its median 1-hour move of 6 pips. USDJPY’s +1.7 pips move is also below its median 1-hour move of 3 pips.