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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.
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Free Access*Dec27 dollar-yen open Y113.23, range...>
YEN SUMMARY: *Dec27 dollar-yen open Y113.23, range Y113.17 to Y113.36
*Dollar-yen opened in Asia toward the middle of the narrow Y113.12 to Y113.35
range witnessed yesterday, where consolidation was broadly the theme in holiday
ravaged Christmas markets.
*Easing modestly to Y113.17 in early trade, Tokyo-fix related demand surfaced
pushed the dollar up to Y113.36.
*Once the fix was concluded, the dollar edged lower to Y113.21 ahead of the
opening of European markets
*Large option strikes that roll off today at Y113.00 for US$2.86bn, may prove to
be magnetic as we approach expiry time.
*Resistance is located at Y113.48 (Dec25 high), while yesterday's base at
Y113.12 provides initial support
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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.