Free Trial

Barclays have recommended a short........>

DOLLAR-YEN
DOLLAR-YEN: Barclays have recommended a short USD/JPY position (spot ref.
111.58), with a stop at 113.40, and a target of 108.10.
Barclays reasoning behind the trade include:
- JPY shorts largely unwound
- support for JPY via Trade War issues
- BOJ meeting on the horizon
- U.S.-Japan trade discussions may start this week which may weigh on broader
risk sentiment
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.