Free Trial

AUSSIE-YEN: Elevated geopolitical risks over N.......>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: Elevated geopolitical risks over N Korea has pushed the cross
through yesterday's base of Y87.26 to Y87.09. Early focus will be on the Nikkei
and how the cash index reacts to the raised tensions. Initial support lies at
Y86.84 (Jul13 low), a break opens a move toward key-support at Y86.51 (38.2% fib
Y81.78-Y89.43), while hourly resistance is located at Y87.48. Aussie-yen was
last at Y87.10

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.