Free Trial

Having recovered off Asia pullback.......>

DOLLAR-YEN
DOLLAR-YEN: Having recovered off Asia pullback lows of Y108.50, Usd/Jpy largely
consolidated in a narrow Y108.93-109.31 European morning range. Topside offers
remain through Y109.80/00 (Y109.83 - 76.4% Y110.26-108.46). A break of the Asia
low opens Y108.38/28 (Trend line off Sep8 low, 2018 low - Jan26). Last Y108.94.
-Quiet on the US calendar today with the main highlight from Wholesale Trade
figures at 1500GMT.
-Option-expiries: USD/JPY: Y109.00($296mn), Y110.00($351mn).

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.