Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
DOLLAR-YEN TECHS: Bulls Look to Build Base at 110
*RES 3: 110.53/67 76.4% of the Apr 24 - Aug 26 decline / High May 21
*RES 2: 110.36 High May 23
*RES 1: 110.21 High Jan 14
*PRICE: 110.17 @ 17:09 GMT Jan 16
*SUP 1: 109.45 Low Jan 13
*SUP 2: 109.01 Low Jan 9
*SUP 3: 107.62 Low Jan 8
USDJPY started quiet before edging higher into the close and resuming the
bullish theme. This week's break of the key former resistance at 109.73, Dec 2
high reinforced the positive tone, with 110.00 now a base on which bulls will
build. The break represents a significant bullish development and confirms a
resumption of the underlying bull trend that has been in place since Aug 26 last
year. It has opened 110.53, a Fibonacci retracement and the 110.67, May 21 high
next. Initial support is seen at 109.45, Monday's low.