Free Trial

Correcting big figures...A lacklustre......>

EURO-YEN
EURO-YEN: Correcting big figures...A lacklustre start to the new trading day,
the cross holding a narrow Y133.02 to Y133.16 range. Up shortly, the opening of
Japanese equity markets, Nikkei futures were last up by 0.9%. Resistance was met
head-on yesterday at Y133.46 and continues to hold the topside in check, the
level represents the 61.8% fib retracement on the Y133.89 to Y132.76 decline,
while support is located at Y132.76 (Nov16 low). Euro-yen was last at Y133.08.

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.