Free Trial

As traders fade the early dollar.........>

DOLLAR-YEN
DOLLAR-YEN: As traders fade the early dollar sales, USDJPY stages a mini
recovery off lows of Y108.64 to Y108.75/80. Despite this, focus remains on the
downside with near-term support at Y108.62 from the 61.8% retracement of
Y107.77-110.00, a break opens a move toward the 61.8% fibo of 104.56-114.55 &
Jan 16 low at Y108.38/37. 

To read the full story

Close

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.