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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 AccessDollar-yen: Europe open Y112.34,........>
YEN SUMMARY: Dollar-yen: Europe open Y112.34, range Y112.21-43, NY open Y112.34,
range Y112.16-Y112.45
*As UST yields started to recover, dollar-yen pared morning losses to
hold around the Y112.35/40 area in late European trade.
*Felt the weight of stg-yen on extended react to the earlier EU
Barnier impasse comment. Having earlier touched Y112.43, slippage extended to
Y112.30/35 in early NY open.
*Received a minor lift to Y112.42 on the release of well received US
Jobless Claims/PPI Food & Energy data. The move lacked follow through, pared
light gains to hold Y112.30/34
*Minor reversal to Y112.30 encountered fresh dip buyers in tandem
with firming UST yields, rate squeezed to Y112.45
*A fresh wave of dollar pressure, as rumors of an earth quake in NK
which USGS cant confirm whether natural or man made, has seen the rate drop to a
fresh intraday low of Y112.13. Pressure eased with no further comments on NK
quake, as the rate grinded towards Y112.25.
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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.