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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.
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Free AccessMNI US CPI Preview: Setting The Tone For 2025
MNI ASIA MARKETS OPEN: NY Fed Inflation Expectations Gaining
MNI ASIA MARKETS ANALYSIS: Tsy Ylds Drift Higher Ahead CPI/PPI
Dollar-yen: Oct23 close Y113.34,........>
YEN SUMMARY: Dollar-yen: Oct23 close Y113.34, Oct24 Asia range Y113.25-49,
Europe Y113.35-72
*Euro-yen: Oct23 close Y133.11, Oct24 Asia range Y133.18-39, Europe Y133.31-76
*Dollar-yen opened flat in Asia, early dealings were seen light tied to a narrow
Y113.36-49 range
*Tokyo-fix related supply pushed the dollar lower from around Y113.40 to Y113.25
*Post-fix the rate was quick to pare losses but with lack of follow through held
either side of Y113.35 for the balance of the session
*Dollar-yen opened firm in Europe, supported by UST yields/Nikkei 225 the pair
squeezed through the Asia high to Y113.58
*A period of consolidation followed before another wave of dollar demand touched
Y113.72
*Euro-yen tracked the early dollar move to hold Y133.52/57. French Services/mfg
PMI came in strong, mixed readings from France/EZ followed, euro-yen edged
higher to Y133.76. Pullbacks have so far remained shallow ahead of NY with first
data up at 1230GMT from Phila Fed.
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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.