MNI BRIEF: Caixin June Manufacturing PMI Hits Three-year High

MNI BRIEF: Japan Q1 GDP Revised Lower On Public Investment

MNI BRIEF: Business Inflation Expectations Solid - BOJ Tankan

MNI: PBOC Net Drains CNY48 Bln Via OMO Mon; Rates Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.1265 Mon; -0.32% Y/Y

Daily Average Exports Hold Close To Recent Highs, Trade Surplus Firms

CHINA JUNE CAIXIN MANUFACTURING PMI 51.8 VS 51.7 IN MAY

MNI: BOJ Tankan: Sentiment Rises, Solid Capex Plans, Backs BOJ

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Despite a rise in BOJ purchases in the...>

DOLLAR-YEN
DOLLAR-YEN: Despite a rise in BOJ purchases in the 3-5 year sector by Y30bn,
Usd-Jpy failed to hold above Y109.00 overnight and drifted to the Y108.80-90
area. Fresh USD sales in early Europe extended the corrective pullback to
Y108.62 and continues with the bearish tone. Reminder today that bank models
have suggested USD selling linked to month-end. Demand is reported at and below
Y108.50, opening Y108.28/17 (Jan26-Sep11 lows), ahead of the Y108.00 barrier.
-On the US calendar today main highlights from ADP Employment at 1315GMT.
-The MNI Chicago PMI data follows at 1445GMT. The index is expected to fall back
to a still-strong reading of 64.0 in January after jumping to 67.8 in December.
-At 1500GMT US NAR Pending Home Sales and the Help Wanted Online Index are on
the schedule.
-Option-expiries: Y107.00($516mn), Y108.00($600mn), Y108.50($450mn),
Y109.10-15($1.44bn), Y109.50($691mn), Y110.00($607mn).
MarketsForeign Exchange Bullets
MarketsForeign Exchange Bullets

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.