Free Trial

Hold Of 1.13 Keeps Focus Higher....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Hold Of 1.13 Keeps Focus Higher
USDJPY touched as low as 112.97 as early US midterm results came in, but has
since recovered to trade north of 113.50. Bulls continue to target a break of
the 114 level & Oct 4 highs at 114.55, while bears need to close below the 113
handle to shift momentum back to the 21-dma at 112.60.

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.