Free Trial

JPY underperformed overnight, with USDJPY.....>

FOREX
FOREX: JPY underperformed overnight, with USDJPY moving back above 106.50 as
political issues continue to hang over Japan. The swings in the JPY seemed to be
based on the fortunes of the Nikkei 225, as the pair moved to session highs
after the index moved in to the green.
- Elsewhere the NZD outperformed on the back of today's 2029 bond syndication,
as demand was over 2 times what was expected, largely coming in the form of
offshore names.
- GBP, EUR, AUD, CAD & CHF all operated in narrow ranges vs. the greenback.
- Traders await Tuesday's US CPI release, with another thin docket apparent in
EU/US hours.
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.