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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 AccessMNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29
MNI BRIEF: Japan Q3 Capex Up Q/Q; GDP Revised Lower
Dollar-yen: Sep15 close Y110.83,........>
YEN SUMMARY: Dollar-yen: Sep15 close Y110.83, Sep18 Asia range Y110.83-111.25,
Europe Y111.15-43
*Euro-yen: Sep15 close Y132.38, Sep18 Asia range Y132.41-93, Europe
Y132.63-133.12
*Dollar-yen opened firm in Asia, rate lifted from Y110.83 to Y111.17 as local
traders noted the lack of any North Korean news over the weekend behind the move
*Dips were shallow and limited to Y111.00, but as regional equities opened in
positive territory dollar-yen squeezed to Y111.25 before fading
*Rate touched Y111.25 into Europe, resistance from the Asia high countered
*Minor pullback encountered fresh dip buyers ahead of Y111.15, momentum-type
accounts then lifted to near 2-month highs of Y111.43
*As yen crosses remained well supported, the euro made a show above Y133.00,
gains extended to Y133.12 before fading. Pullback off the high with added weight
via euro-dollar witnessed a sharp reversal to Y132.63
*Profit take buyers supported the dip, rate pared morning losses to hold
Y132.95/00 after the release of euro area August inflation data.
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.