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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
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Data
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MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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About Us
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Free AccessImmune to Large USD Moves USDJPY...>
DOLLAR-YEN TECHS: Immune to Large USD Moves
USDJPY broke to the downside out of its week-long range around the 112 level in
early Asian trading, dropping as low as 111.65. At the time of writing the cross
had recovered all of its losses, and stayed surprisingly stable through the USD
rally. 111.65 represents support from up trendline resistance from the Mar25
lows. Bears look for consolidation below here to suggest a potential downside
reversal, with a break below the 200-dma at 111.51 needed for confirmation.
Bulls continue to target Wednesday's high at 112.17 to ignite some upside
momentum. Above here opens the 76.4% retracement of the Oct - Jan fall at
112.25, ahead of the Dec 20 high at 112.60.
To read the full story
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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.