Free Trial

JPY strength around the Tokyo fix provided....>

FOREX
FOREX: JPY strength around the Tokyo fix provided a flurry of activity in what
was an otherwise limited Asia-Pacific session.
- EUR/JPY broke uptrend support as USD/JPY breached last week's lows, leaving
the JPY atop the G10 FX leader board, albeit back from best levels.
- Markets struggled for any real impetus, with no major data on the slate.
Australia & New Zealand are set to observe ANZAC Day on Thursday, albeit after
Australian CPI hits on Wednesday.
- Broader headline flow was also less than inspiring, after the FX space leant
on oil for direction on Monday.
- Focus in London/NY hours will move to the UK government returning from the
Easter break, and lower tier global data.
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

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.