Free Trial

Focus is squarely on the Yen

USD
  • The Dollar might be showing in the red this morning, with GBP the early best performer, up 0.31%, on the back of the UK data, but Cable is just barely bouncing off its worst level traded for this week.
  • Looking at the past 5 days, the USD is up against all G10s.
  • Early focus is again on the JPY, with USDJPY close to the 145.00 handle, printed a 144.90 high.
  • Last time the BOJ intervened last was around 146.00.
  • EURJPY and GBPJPY are also at decent psychological levels, 159.00 and 184.00, highest since 2008 and 2015 respectively.

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.