Free Trial

Gets an added lift with UST yields to....>

DOLLAR-YEN
DOLLAR-YEN: Gets an added lift with UST yields to Y111.92 and seen approaching
Y111.98/00 area which holds the intraday high & channel top resistance. A break
is likely to accelerate the move, opening the 50% retracement level & Dec 20
high at Y112.44/60.
- Focus turns to US ISM mfg & Michigan Sentiment Index at 1500GMT. The ISM
manufacturing index is expected to fall to 55.5 in February from 56.6 in
January. This comes after sharp movements in the previous two months. Regional
conditions data however have suggested a mixed picture.

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.