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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.
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Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
AUSSIE-YEN: AUD/JPY stuck to a tight range during....>
AUSSIE-YEN: AUD/JPY stuck to a tight range during the Asia-Pac session and only
now slid towards yesterday's low, threatening to breach the level. JPY lost
ground into the Tokyo fix, but has recouped some losses since, while AUD was
limited by local coronavirus situation. The pair trades at Y74.60, 9 pips lower
on the day.
- Bears need a fall through trendline support at Y74.21 & Jul 1 low of Y73.92
before targeting Jun 24 - 29 lows located in the Y73.35-31 area. Bulls hope that
the recent "golden cross" formation heralds the resumption of a broader uptrend.
They look for gains past Jul 6 high of Y75.16, which would expose a key
near-term resistance, defined at Jun 8 high of Y76.79.
To read the full story
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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.