Free Trial

Barclays FX trade of the week from this.........>

YEN
YEN: Barclays FX trade of the week from this morning: Short USD/JPY targeting
Y108.10 with a stop at Y113.40.
Barclays expect upward momentum in USDJPY to fade with short positions already
mostly covered. We see value in re-initiating long JPY positions at current
levels amid ongoing concerns around US-China trade issues and ahead of the BoJ
MPM at the end of July.

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.