Free Trial

Demand in dollar-yen has pushed the........>

EURO-YEN
EURO-YEN: Demand in dollar-yen has pushed the cross higher from around Y130.20
to Y130.47. Nikkei opened lower by 0.51%, but has since started to pare losses,
currently down 0.3%. Without a catalyst, further range trading is expected
heading towards the European open. Hourly resistance is located at Y130.53,
while below Asia's Y130.14 low support is seen at Y129.91 (Sep7 low).   

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.