Free Trial

AUSSIE-YEN: The risk barometer cross opened in.......>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: The risk barometer cross opened in Asia at Y87.40 at the upper side
of the Y87.05 to Y87.29 range witnessed yesterday, where a lift in commodity
prices (CRB+2.25%) underpinned the antipodean. Caixin's China manufacturing PMI
(0145GMT) leads the data releases, investors will be keen to see if the data
comes in higher after the better-than-expected official data yesterday.
Resistance lies at Y80.71 (Aug30 high), while hourly support is found at Y87.28.
Aussie-yen was last at Y87.47.

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.