Free Trial

Decent moves in FX this morning

FOREX

Really decent moves in FX, all equity led, and in turns USD has been bought throughout the morning, since the cash equity open.

  • Risk tied JPY holds onto gains and up 0.53% against the Greenback.
  • We are trading at the figure in USDJPY 104.00, with next support at 103.80 1.618 proj of the Aug 13 - 19 rally from Aug 28 high
  • Gold is through the low, on the USD.
  • Next support here, is still seen further out, towards $1906.7 - Low Sep 8

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.