Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- Political RiskPolitical Risk
Intelligence on key political and geopolitical events around the world.
- About Us
YEN SUMMARY: Dollar-yen: European open Y112.62, range Y112.36-112.73, NY open
Y112.44, range Y112.22-112.74
*The release of soft PCE Core data triggered sharp dollar sales,
dollar-yen printed a new intra-day low of Y112.32, before dip buyers cushioned
*The dollar staged a minor recovery off earlier traded lows (Y112.22)
to hold around the Y112.35/40 area.
* A rise in the MNI Chicago Business Barometer has seen dollar-yen
grind to Y112.60.
*A further bout of dollar demand as the WSJ reported that "Trump is
said to meet with Warsh about Fed chair post", Warsh is considered to be more
hawkish than Yellen. The rate spiked to fresh intra-day highs of Y112.74 before
meeting supply and dropping towards Y112.55.
*A small lift in the dollar following US Tsys yields moving higher
and XAU slipping has seen the rate grind towards the intra-day high of Y112.74.
*As US Tsys yields slipped the rate drifted towards Y112.45 into the NY close.