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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: Sep19 close Y111.49,........>
YEN SUMMARY: Dollar-yen: Sep19 close Y111.49, Sep20 Asia range Y111.45-65,
Europe Y111.34-52
*Euro-yen: Sep19 close Y133.75, Sep20 Asia range Y133.73-134.03, Europe
Y133.64-95
*Asia largely marked time ahead of today's FOMC, however, fix related demand saw
dollar-yen rise from around Y111.50 to Y111.65
*Modest dollar weakness on softer US TSY yields pared gains to Y111.45, but the
move lower was somewhat negated by euro-yen demand
*The dollar encountered fresh selling pressure into Europe, rate moved through
the Asia low to Y111.34 before fading
*Firmer UST yields supported off the low, recovery efforts extended to Y111.52
but with lack of follow through drifted to hold in narrow range trade
*The cross slipped in tandem with the dollar, touched Y133.67 before profit take
demand cushioned falls
*Rate squeezed to Y133.95 but failed to build gains with an equally quick
reversal to the Y133.70/75 area.
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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.