Free Trial

Japanese exporters have so far managed to.......>

YEN
YEN: Japanese exporters have so far managed to contain ahead of Y113.00, a break
is likely to accelerate the move, opening Y113.27 which represents the 61.8%
retracement of Y118.66-104.56. Above here opens a move toward the Jan 8 ytd high
at Y113.39. JPY crosses also seen to support with EURJPY looking to reclaim the
Y133.00 handle, AUDJPY bulls need to comfortably hold above the 100-dma (Y81.94)
for the next leg higher and NZDJPY challenges key resistance from the 100-dma at
Y75.19. 

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.