Free Trial

Bullish Theme, Despite Week’s Weakness


BLOCK, 5Y Sale


MS: Adding An Extra 25bp Hike For May But Keep Existing Cuts Call


BLOCKs, Sep'23 SOFR Put Spd


USDCAD Whipsaws With Powell, Macklem Q&A Ahead

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Focus Again Returns To.............>

DOLLAR-YEN TECHS: Focus Again Returns To Y111.99-Y111.95 Support
*RES 4: Y113.09/13 Hourly congestion Dec 13
*RES 3: Y112.89 Dec 14 high
*RES 2: Y112.70 Hourly resistance
*RES 1: Y112.46 Dec 13 low, now resistance
*PRICE: Y112.18 @1030GMT
*SUP 1: Y111.95/99 61.8% Fibo of Y110.84-Y113.75, Dec 6 low
*SUP 2: Y111.72 1% volatility band
*SUP 3: Y111.53 76.4% Fibo of Y110.84-Y113.75
*SUP 4: Y110.84 Nov 27 low
*COMMENTARY* Unable to make an impression on the 76.4% Fibo retrace level at
Y113.82. Tuesday's rally pulling up shy at Y113.75. The subsequent fall and
break below Y113.13-Y113.09, began a correction, which with the further loss of
Y112.46-Y112.38, has once again put the spotlight on Y111.99-Y111.95 support.
This currently protecting against a further Y111.72-Y111.53 fall. In the
interim, resistance from Y112.46-Y112.70 bars the way to any near term recovery.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.