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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessAs risk sentiment continued Usd/Jpy......>
DOLLAR-YEN: As risk sentiment continued Usd/Jpy encountered support overnight
after Japan's former tax chief Sagawa stated that Japanese PM Abe & his wife had
no part in the Moritomo scandal. Tokyo-fixing demand triggered stop buy orders
to Y105.75, before fading. The Y106.00/10 is now a suggested sell area, support
at Y105.00 which holds large $1.94bn optional-expiry interest for today's NY
cut. Ahead of month-end, preliminary bank models are suggesting strong USD
buying, so one to watch. Usd/Jpy last Y105.65.
- Quiet on the US calendar today with Case-Shiller data at 1400GMT, Consumer
Confidence at 1500GMT followed by Richmond/Dallas Fed survey's at 1530GMT.
- Option-expiries: Y104.00($302mn), Y105.00($1.94bn), Y105.25-30($576mn),
Y105.50($834mn), Y106.00($425mn), Y106.50($330mn)
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.