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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
EUR/JPY round tripped on Thursday & last...>
EURO-YEN: EUR/JPY round tripped on Thursday & last trades at Y128.71 after the
pair added 23 pips yesterday.
- The rate came under early pressure on the chaos surrounding Brexit after PM
May faced challenges from inside her cabinet and the Tory party, with many
suggesting that her Brexit deal proposal will not gain the approval of the
Commons.
- The JPY later suffered on the back of outperforming U.S. equities & only
managed to outperform GBP within the G10 space.
- Bulls need to retake the psychologically significant Y129.00 level before
targeting Nov 14 highs of Y129.23. Bears eye Y128.00, and a break below would
open up yesterday's low at Y127.77.
To read the full story
Sign up now for free trial access to this content.
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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.