Free Trial

AUSSIE-YEN: AUDJPY, the biggest risk barometer.......>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: AUDJPY, the biggest risk barometer currency has particularly
suffered this morning on extended react to Italian budget concerns. Having
failed ahead of Y82.50, the cross witnessed a sharp 100+ retracement through the
100-dma to Y81.37. Expect support on approach to Y81.00/05 (Y81.04 - 38.2%
Y78.68-82.50), below here targets the 21-dma at Y80.85, ahead of the Sep17 high
at Y80.60. AUDJPY holds Y81.50/55 at typing.

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.