FX.co ★ JPY Speculative Net Positions Continue to Decline According to Latest CFTC Data

According to the latest data released by the Commodity Futures Trading Commission (CFTC), speculative net positions for the Japanese Yen (JPY) have continued to decline. The most recent indicator shows that speculative net positions have reached -120.8K, down from the previous figure of -111.5K. This indicates a further bearish sentiment towards the JPY in the market.

Investors closely monitor speculative net positions as they provide insights into market sentiment and potential future price movements. With the ongoing decline in speculative net positions for the JPY, it suggests that market participants are increasingly betting against the currency.

The data was last updated on 23 February 2024, highlighting the most recent market sentiment towards the JPY. Traders and analysts will continue to watch these figures closely to gauge the future direction of the Japanese Yen in the global foreign exchange markets.