Japanese Yen futures test 21-month lows on strong U.S. data. 4/21/26

Japanese Yen futures are seeing sustained selling pressure, dropping just under 0.5% and approaching levels unseen since July 2024. Stronger-than-expected U.S. retail and pending home sales data have broadly supported the U.S. dollar, pushing domestic yields higher and weighing heavily on major currency pairs. While most major FX products like Euro futures and British Pound futures remain near the top of their recent ranges, Japanese Yen futures stand out as a notable outlier, firmly testing the lower bounds of a 21-month trading range. Learn about trading futures and options at CME Group: https://www.cmegroup.com/markets/fx.html #JapaneseYen #CurrencyMarkets #Forex