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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI China Daily Summary: Tuesday, November 26
MNI BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
MNI: Japan Govt Keeps Economic Assessment, Ups Imports
Dollar-yen: Oct26 close Y113.95,........>
YEN SUMMARY: Dollar-yen: Oct26 close Y113.95, Oct27 Asia range Y113.97-114.26,
Europe Y113.92-114.32
*Euro-yen: Oct26 close Y132.72, Oct27 Asia range Y132.60-94, Europe Y132.50-95
*The dollar continued firm in early Asia, rate was quick to move through
yesterday's high (Y114.08), squeezed to Y114.15 before fading
*Tokyo-fix related demand supported, Japanese Trust names extended to Y114.26
but with lack of follow through drifted
*Fresh dollar demand emerged into Europe, rate touched Y114.32 before stalling
ahead of resistance from the 61.8% fibo Y118.66-107.32
*Pullback off the high in tandem with UST yields pared early gains, rate made a
show back under Y114.00 with slippage extending to Y113.92
*Euro-yen offers ahead of Y133.00 capped topside gains to hold Y132.75/90
*As euro-dollar started to pressure, rate moved through the Asia low to Y132.50
ahead of NY. US data highlights today from GDP at 1230GMT. Analysts expect GDP
to rise 2.7% in the advance estimate for the third quarters, only slightly below
the 3.1% increase in the second quarter.
To read the full story
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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.