JPY - Futures - 6/5/2024

1. JPY - Japanese Yen
COT Report: 179,144 net positions as of 04/23/24 - Yearly High
Fundamentals:
Japanese Central Bank Rates: <0.10%
Tokyo CPI (Forecast 2.2%, Actual 1.6%)
Steady Yen strengthening despite negative JPY fundamentals.
Summary:
BOJ's interest rate maintenance and USD Non-Farm Payroll data contribute to potential turning points.
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