MNI: FED BALANCE SHEET TOTAL ASSETS +$2.6B TO $7.224T IN WEEK

MNI BRIEF: Fed's Musalem: Interest Rates Likely To Be 3.5%-4% Over Long Run

MNI BRIEF: US Sees $1.3T Budget Deficit Through Nine Months

FED’S DALY: POLICY ADJUSTMENTS LIKELY WARRANTED AT SOME POINT

MNI China Daily Summary: Thursday, July 11

MNI BOK WATCH: More Evidence Needed To Cut Rates, Says Rhee

MNI: US JUN TREASURY BUDGET -66B

US Treasury Auction Calendar

US EIA:NAT GAS STORAGE +65 BCF TO 3,199 BCF JUL 05 WK

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Japanese Yen Continues To Recover As Yields Retrace

JPY
  • USDJPY weakness prevailing in recent trade with the pair briefly sliding back below the 133 mark. Despite some volatile price action at the open and a brief print of 132.82, the pair is yet to close the gap with last Friday’s close of 132.77.
  • Overall, trend conditions remain bearish with gains being seen as technically corrective to this point.
  • Markets will keep a close eye on the 50-day EMA that has been breached earlier today. The average intersects at 133.34 and represents a key S/T hurdle for bulls. A clear break, if seen, would alter the picture and suggest scope for a stronger recovery.
BulletMarketsForeign Exchange BulletsHomepage
BulletMarketsForeign Exchange BulletsHomepage

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.