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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.
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Free AccessJPY crosses were sold off overnight following...>
YEN: JPY crosses were sold off overnight following sharp falls in the yuan, but
later witnessed modest recoveries after reported Chinese state bank USDCNY
sales. EURJPY bounced off Y130.60 to reclaim the Y131.00 level into Europe.
GBPJPY has slipped +300 pips on the week and briefly made a show under Y146.00,
last Y146.30/35. AUDJPY moved through the 200-dma (Y82.53) to Y82.20, but has
since recovered to the Y82.80/85 area. NZDJPY dropped 50+ pips to Y75.49, last
Y75.90 and CADJPY touched Y84.51, key support from the 100-dma at Y84.11.
To read the full story
Sign up now for free trial access to this content.
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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.