Free Trial
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.
USD
- Despite the USD in the Red across the Majors, albeit flat against the Pound, with the latter gaining on speculation of a U turn from the UK Gov't.
- The Dollar is still probing the Yen and its highest prints since 1990.
- Market participants will be keeping a close eye at the 147.67 area, when the Dollar/Yen got hit and dropped 167 pips yesterday, with some, still unconfirmed speculation of a BoJ intervention?
- Worth noting that yesterday's drop, was tiny compared to the last intervention on the 22nd September, when the USDJPY dropped 549 pips.
Chart source: MNI/Bloomberg
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok