Free Trial

EURJPY has seen a +100 pip reversal on.....>

EURO-YEN
EURO-YEN: EURJPY has seen a +100 pip reversal on react to the soft Italy &
German PMI readings. Rate touches pullback lows of Y125.14 with support expected
on approach to Y125.00. Below here opens the cloud top & Lower Bollinger band
(2%) at Y124.87/82, ahead of a run at the Mar 11 low & 100-mma at Y124.48/46.
Last Y125.23.  

To read the full story

Close

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.