There have been no significant advances in the last 24 hours. The number of open positions continues to decrease, signaling greater risk aversion in leveraged markets, which is pushing the spot market towards greater dominance.

We still have liquidity levels just below $86,500; after reaching the $87-88k zone, we would see some relief from the downward trend. The expectation is that the pause in Japanese interest rates and possible intervention by the Bank of Japan in the exchange rate will somewhat alleviate the risk-off sentiment caused by a new rise in long-term bond yields.