Free Trial

Improved Core CPI Boosts The EUR ....>

EURO-YEN TECHS
EURO-YEN TECHS: Improved Core CPI Boosts The EUR 
An improved Core CPI reading boosted sentiment with EURJPY challenging the 125
level. Bulls short-term focus remains on the Jan 30 high at 125.47, a break
above here brings the YTD Jan 1 high at 126.14 into view. Bears need a weekly
close under 124, returning the focus to the Jan 15 low at 123.40. Below here
would open the 38.2% retracement level & Jan 4 low at 122.65/59.

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.