Free Trial

In spite of a minor pullback amid the....>

DOLLAR-YEN
DOLLAR-YEN: In spite of a minor pullback amid the risk off flows that were
observed Tuesday, USD/JPY's positive outlook remains firmly intact, with the
rate last dealing at Y113.60.
- Bulls need a close above Y114.00 for a resumption of the uptrend, targeting
the Nov 2017 high (Y114.73). Bears need a break of the September 28 low
(Y112.56) to shift the outlook back to neutral.
- Focus today will fall on the BOJ Rinban operations covering 1-10 Year JGBs.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.