Free Trial
OIL

Libyan Crude Flows to Europe Sinking

US 10YR FUTURE TECHS

(U2)‌‌ Corrective Cycle Still In Play

EUROZONE ISSUANCE

EU H2-22 funding plan

CROSS ASSET

Equities are extending gains

UK T-BILL AUCTION RESULTS

1/3/6-month UKTBs

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
YEN
YEN: JPY crosses continue to edge lower on the day, with the Nikkei 225
finishing the morning session 0.5% lower.
- Risk factors include U.S. Trade Rep Lighthizer playing down a risk-positive
story relating to Chinese trade matters late Thursday, denying the story, while
U.S. admin official Wilbur Ross noted that he still expects 25% tariffs to go
into play on China in January. This comes after RTRS reports pointed to U.S.
officials not expecting much in the way of concrete decisions at the upcoming
meeting between U.S. President Trump & his Chinese counterpart Xi.
- Elsewhere reports noted that North Korea has conducted a new secret missile
test.
- USD/JPY last 30 pips lower at lows of Y113.34. Bears need a break below the
21-DMA/yesterday's low at Y113.11/10 before trying to move below Y113.00.
- EUR/JPY 25 pips lower at Y128.50, bears eye Y128.00, and a break below would
open up yesterday's low at Y127.77.
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

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.