Free Trial

Eventual triggering of the reported......>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Eventual triggering of the reported barrier at Y108.00 in the
Asia/Europe transition allowed rate to drop down to Y107.63 on stop driven
trade. Rate recovered to Y107.87, currently around Y107.80. Support seen into
Y107.50 ahead of Y107.35/20. Resistance expected into the broken support area
between Y108.00/05. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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.