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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 sits top of G10 at the European......>
DOLLAR-YEN: JPY sits top of G10 at the European crossover after remarks from
President Trump that said talks with Mexico so far are not nearly enough, as the
two countries are unable to reach an agreement on tariffs.
- USDJPY holds toward the peak of its Y108.07-47 range with near-term support at
Y108.00, ahead of the Jun 5 low & 61.8% fibo of the Jan-Apr rally at Y107.82/75.
- EURJPY rests on triangle base support at Y121.25, further support is located
behind at Y121.00 with a break here needed to extend the downtrend toward up
trendline support off the 2012 lows at Y120.45.
To read the full story
Sign up now for free trial access to this content.
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.