JPY futures: further gains unlikely

Open interest in JPY futures markets increased by just 750 contracts on Monday, while volume shrunk for the second straight session, this time by more than 86K contracts.

USD/JPY poised for extra rangebound

USD/JPY is expected to extend the current sideline theme above the 111.00 handle for the time being amidst erratic performance in open interest and a down move in volume.