Free Trial

It has been a slow start to trading in.....>

EURO-YEN
EURO-YEN: It has been a slow start to trading in Asia, the cross holding a
narrow Y129.82 to Y130.00 range. There has been no discernible reaction to
Japanese employment and CPI data just released. Retail sales is up shorty
(2350GMT), June's data is expected to rebound from -1.5% to +0.4% m/m. Support
is located at Y129.54 (61.8% fib Y128.87-Y130.61), while hourly resistance is
seen at Y130.02. Euro-yen was last at Y129.89.

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.